General Assembly: 80 (2004 Regular GA) - Chapter 1018 - Regulation of real estate auctions and auctioneers


Published: 2004

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Stricken language would be deleted from and underlined language would be added to the law as it existed prior to this session of the General Assembly.

Act 1728 of the Regular Session

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State of Arkansas 1 85th General Assembly A Bill 2 Regular Session, 2005 SENATE BILL 723 3 4 By: Senator Wilkinson 5 By: Representative Wells 6 7 8

For An Act To Be Entitled 9 AN ACT TO MAKE AN APPROPRIATION TO THE DEPARTMENT 10

OF FINANCE AND ADMINISTRATION - DISBURSING 11

OFFICER FOR STATE ASSISTANCE TO THE CITY OF 12

BOONEVILLE, ARKANSAS FOR DOWNTOWN IMPROVEMENTS; 13

AND FOR OTHER PURPOSES. 14

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Subtitle 17 AN ACT FOR THE DEPARTMENT OF FINANCE 18

AND ADMINISTRATION - DISBURSING OFFICER 19

- STATE ASSISTANCE TO THE CITY OF 20

BOONEVILLE, ARKANSAS FOR DOWNTOWN 21

IMPROVEMENTS GENERAL IMPROVEMENT 22

APPROPRIATION. 23

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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 26

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SECTION 1. APPROPRIATIONS - CITY OF BOONEVILLE - DOWNTOWN IMPROVEMENTS. 28

There is hereby appropriated, to the Department of Finance and Administration 29

- Disbursing Officer, to be payable from the General Improvement Fund or its 30

successor fund or fund accounts, the following: 31

(A) For state assistance to the City of Booneville, Arkansas for downtown 32

improvements, the sum of ............................................$20,000. 33

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SECTION 2. DISBURSEMENT CONTROLS. (A) No contract may be awarded nor 35

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obligations otherwise incurred in relation to the project or projects 1

described herein in excess of the State Treasury funds actually available 2

therefor as provided by law. Provided, however, that institutions and 3

agencies listed herein shall have the authority to accept and use grants and 4

donations including Federal funds, and to use its unobligated cash income or 5

funds, or both available to it, for the purpose of supplementing the State 6

Treasury funds for financing the entire costs of the project or projects 7

enumerated herein. Provided further, that the appropriations and funds 8

otherwise provided by the General Assembly for Maintenance and General 9

Operations of the agency or institutions receiving appropriation herein shall 10

not be used for any of the purposes as appropriated in this act. 11

(B) The restrictions of any applicable provisions of the State Purchasing 12

Law, the General Accounting and Budgetary Procedures Law, the Revenue 13

Stabilization Law and any other applicable fiscal control laws of this State 14

and regulations promulgated by the Department of Finance and Administration, 15

as authorized by law, shall be strictly complied with in disbursement of any 16

funds provided by this act unless specifically provided otherwise by law. 17

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SECTION 3. LEGISLATIVE INTENT. It is the intent of the General Assembly 19

that any funds disbursed under the authority of the appropriations contained 20

in this act shall be in compliance with the stated reasons for which this act 21

was adopted, as evidenced by the Agency Requests, Executive Recommendations 22

and Legislative Recommendations contained in the budget manuals prepared by 23

the Department of Finance and Administration, letters, or summarized oral 24

testimony in the official minutes of the Arkansas Legislative Council or 25

Joint Budget Committee which relate to its passage and adoption. 26

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SECTION 4. EMERGENCY CLAUSE. It is found and determined by the General 28

Assembly, that the Constitution of the State of Arkansas prohibits the 29

appropriation of funds for more than a two (2) year period; that the 30

effectiveness of this Act on July 1, 2005 is essential to the operation of 31

the agency for which the appropriations in this Act are provided, and that in 32

the event of an extension of the Regular Session, the delay in the effective 33

date of this Act beyond July 1, 2005 could work irreparable harm upon the 34

proper administration and provision of essential governmental programs. 35

Therefore, an emergency is hereby declared to exist and this Act being 36

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necessary for the immediate preservation of the public peace, health and 1

safety shall be in full force and effect from and after July 1, 2005. 2

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APPROVED: 4/05/2005 5

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