This bill amends the Arkansas Code regarding payments to the Arkansas State Fair and Livestock Show Association, specifically updating the financial allocations for the upcoming fiscal years. The bill replaces the previous allocation of $710,328 for the fiscal year 2009 with a new amount of $887,908 for the fiscal year 2025. Additionally, it establishes a consistent allocation of $887,908 for each subsequent fiscal year from 2026 through 2035.

The amendments also involve the deletion of previous fiscal year allocations from 2010 to 2024, which were all set at $887,908, thereby streamlining the payment structure to focus on the upcoming years. This change aims to ensure that the Arkansas State Fair and Livestock Show Association receives adequate funding for its operations in the coming years.

Statutes affected:
SB 327: 14-171-215(a)
Act 443: 14-171-215(a)