The bill amends Arkansas Code 14-171-215(a)(5) to update the payment amounts allocated to the Arkansas State Fair and Livestock Show Association for state assistance to local cities and counties. The amendment replaces the previous fiscal year 2009 payment of $710,328 with a new payment of $887,908 for the fiscal year 2025. Additionally, the bill establishes a consistent payment of $887,908 for subsequent fiscal years, extending through 2035.

In this legislative update, several previous fiscal year references from 2010 to 2024 have been deleted, and the new payment structure is streamlined to reflect the same amount for each fiscal year from 2025 to 2035. This change aims to provide clarity and consistency in funding for the Arkansas State Fair and Livestock Show Association, ensuring that localities receive the necessary financial support over the next decade.

Statutes affected:
SB 327: 14-171-215(a)