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Act 394 of the Regular Session
1 State of Arkansas
2 94th General Assembly A Bill
3 Regular Session, 2023 HOUSE BILL 1071
4
5 By: Joint Budget Committee
6
7 For An Act To Be Entitled
8 AN ACT TO MAKE AN APPROPRIATION FOR PERSONAL SERVICES
9 AND OPERATING EXPENSES FOR THE DEPARTMENT OF COMMERCE
10 - ARKANSAS DEVELOPMENT FINANCE AUTHORITY FOR THE
11 FISCAL YEAR ENDING JUNE 30, 2024; AND FOR OTHER
12 PURPOSES.
13
14
15 Subtitle
16 AN ACT FOR THE DEPARTMENT OF COMMERCE -
17 ARKANSAS DEVELOPMENT FINANCE AUTHORITY
18 APPROPRIATION FOR THE 2023-2024 FISCAL
19 YEAR.
20
21
22 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
23
24 SECTION 1. REGULAR SALARIES. There is hereby established for the
25 Department of Commerce - Arkansas Development Finance Authority for the 2023-
26 2024 fiscal year, the following maximum number of regular employees.
27
28 Maximum Annual
29 Maximum Salary Rate
30 Item Class No. of Fiscal Year
31 No. Code Title Employees 2023-2024
32 (1) U019U ACOM ADFA EXECUTIVE DIRECTOR 1 GRADE SE03
33 (2) N024N ACOM DIRECTOR STUDENT LOAN AUTHORITY 1 GRADE SE01
34 (3) N066N ACOM CHIEF COMM & LEGISLATIVE AFFAIRS 4 GRADE GS14
35 (4) A017N ACOM ADFA PUBLIC FINANCE OFFICER 1 GRADE GS13
36 (5) A007N ACOM ASLA FEDERAL PROGRAMS FINANCIAL 1 GRADE GS13
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1 (6) G027C ACOM ADFA PROGRAM OFFICER 9 GRADE GS12
2 (7) A031C ASSISTANT CONTROLLER 1 GRADE GS11
3 (8) A040C ACOM ADFA FISCAL PROGRAM MANAGER 4 GRADE GS10
4 (9) A051C ACOM ADFA FINANCE PROGRAM COORDINATOR 5 GRADE GS09
5 (10) A082C ACCOUNTANT II 2 GRADE GS08
6 (11) A071C ACOM ADFA FINANCE PROGRAM ANALYST 4 GRADE GS08
7 (12) A022C STUDENT LOAN FINANCE SPECIALIST 1 GRADE GS08
8 (13) G173C ACOM ADFA PROGRAM COORDINATOR 8 GRADE GS07
9 (14) C010C EXECUTIVE ASSISTANT TO THE DIRECTOR 2 GRADE GS07
10 (15) A076C FINANCE PROGRAM ANALYST 1 GRADE GS07
11 (16) A080C ACOM FINANCE AUTHORITY SPECIALIST 8 GRADE GS06
12 (17) C037C ADMINISTRATIVE ANALYST 2 GRADE GS06
13 (18) R025C HUMAN RESOURCES ANALYST 1 GRADE GS06
14 MAX. NO. OF EMPLOYEES 56
15
16 SECTION 2. EXTRA HELP. There is hereby authorized, for the Department
17 of Commerce - Arkansas Development Finance Authority for the 2023-2024 fiscal
18 year, the following maximum number of part-time or temporary employees, to be
19 known as "Extra Help", payable from funds appropriated herein for such
20 purposes: five (5) temporary or part-time employees, when needed, at rates
21 of pay not to exceed those provided in the Uniform Classification and
22 Compensation Act, or its successor, or this act for the appropriate
23 classification.
24
25 SECTION 3. APPROPRIATION - OPERATIONS. There is hereby appropriated,
26 to the Department of Commerce, to be payable from cash funds as defined by
27 Arkansas Code 19-4-801, for personal services, operating expenses, data
28 processing services and grants and aid by the Department of Commerce -
29 Arkansas Development Finance Authority for the fiscal year ending June 30,
30 2024, the following:
31 ITEM FISCAL YEAR
32 NO. 2023-2024
33 (01) REGULAR SALARIES $3,362,522
34 (02) EXTRA HELP 40,000
35 (03) PERSONAL SERVICES MATCHING 1,141,389
36 (04) MAINT. & GEN. OPERATION
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1 (A) OPER. EXPENSE 611,458
2 (B) CONF. & TRAVEL 60,000
3 (C) PROF. FEES 123,810
4 (D) CAP. OUTLAY 23,000
5 (E) DATA PROC. 0
6 (05) GRANTS / AID-HOUSING RENTAL ASSISTANCE 6,600,000
7 (06) DATA PROCESSING SERVICES 264,512
8 (07) HUD HOME PROGRAM 16,341,215
9 (08) FEDERAL HOUSING PROGRAMS 3,400,000
10 TOTAL AMOUNT APPROPRIATED $31,967,906
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12 SECTION 4. APPROPRIATION - STUDENT LOAN AUTHORITY DIVISION. There is
13 hereby appropriated, to the Department of Commerce, to be payable from cash
14 funds as defined by Arkansas Code 19-4-801, for personal services and
15 operating expenses of the Department of Commerce - Arkansas Development
16 Finance Authority - Student Loan Authority Division for the fiscal year
17 ending June 30, 2024, the following:
18 ITEM FISCAL YEAR
19 NO. 2023-2024
20 (01) REGULAR SALARIES $381,135
21 (02) PERSONAL SERVICES MATCHING 116,144
22 (03) MAINT. & GEN. OPERATION
23 (A) OPER. EXPENSE 110,312
24 (B) CONF. & TRAVEL 13,972
25 (C) PROF. FEES 1,818,875
26 (D) CAP. OUTLAY 0
27 (E) DATA PROC. 0
28 TOTAL AMOUNT APPROPRIATED $2,440,438
29
30 SECTION 5. APPROPRIATION - DIS IT. There is hereby appropriated, to
31 the Department of Commerce, to be payable from cash funds as defined by
32 Arkansas Code 19-4-801, for purchase of computer equipment and related
33 software of the Department of Commerce - Arkansas Development Finance
34 Authority for the fiscal year ending June 30, 2024, the following:
35 ITEM FISCAL YEAR
36 NO. 2023-2024
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1 (01) COMPUTER EQUIPMENT & RELATED SOFTWARE $6,000,000
2
3 SECTION 6. APPROPRIATION - NATIONAL HOUSING TRUST FUND GRANT. There is
4 hereby appropriated, to the Department of Commerce - Arkansas Development
5 Finance Authority, to be payable from the federal funds as designated by the
6 Chief Fiscal Officer of the State, for personal services and operating
7 expenses for implementation of the Federal Housing Program for the fiscal
8 year ending June 30, 2024, the following:
9
10 ITEM FISCAL YEAR
11 NO. 2023-2024
12 (01) FEDERAL HOUSING PROGRAM $15,000,000
13
14 SECTION 7. APPROPRIATION - ARKANSAS HOUSING TRUST FUND. There is
15 hereby appropriated, to the Department of Commerce, to be payable from the
16 Miscellaneous Agencies Fund Account, for a grant or transfer to the Arkansas
17 Housing Trust Fund to provide assistance for eligible activities proposed by
18 eligible applicants, including without limitation grants, loans, loan
19 guarantees, and loan subsidies of the Department of Commerce - Arkansas
20 Development Finance Authority for the fiscal year ending June 30, 2024, the
21 following:
22
23 ITEM FISCAL YEAR
24 NO. 2023-2024
25 (01) ARKANSAS HOUSING TRUST FUND $5,000,000
26
27 SECTION 8. COMPLIANCE WITH OTHER LAWS. Disbursement of funds
28 authorized by this act shall be limited to the appropriation for such agency
29 and funds made available by law for the support of such appropriations; and
30 the restrictions of the State Procurement Law, the General Accounting and
31 Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary
32 Procedures and Restrictions Act, or their successors, and other fiscal
33 control laws of this State, where applicable, and regulations promulgated by
34 the Department of Finance and Administration, as authorized by law, shall be
35 strictly complied with in disbursement of said funds.
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1 SECTION 9. LEGISLATIVE INTENT. It is the intent of the General
2 Assembly that any funds disbursed under the authority of the appropriations
3 contained in this act shall be in compliance with the stated reasons for
4 which this act was adopted, as evidenced by the Agency Requests, Executive
5 Recommendations and Legislative Recommendations contained in the budget
6 manuals prepared by the Department of Finance and Administration, letters, or
7 summarized oral testimony in the official minutes of the Arkansas Legislative
8 Council or Joint Budget Committee which relate to its passage and adoption.
9
10 SECTION 10. EMERGENCY CLAUSE. It is found and determined by the
11 General Assembly, that the Constitution of the State of Arkansas prohibits
12 the appropriation of funds for more than a one (1) year period; that the
13 effectiveness of this Act on July 1, 2023 is essential to the operation of
14 the agency for which the appropriations in this Act are provided, and that in
15 the event of an extension of the legislative session, the delay in the
16 effective date of this Act beyond July 1, 2023 could work irreparable harm
17 upon the proper administration and provision of essential governmental
18 programs. Therefore, an emergency is hereby declared to exist and this Act
19 being necessary for the immediate preservation of the public peace, health
20 and safety shall be in full force and effect from and after July 1, 2023.
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23 APPROVED: 3/30/23
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