Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas A Bill
2 95th General Assembly
3 Regular Session, 2025 HOUSE BILL 1090
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5 By: Joint Budget Committee
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8 For An Act To Be Entitled
9 AN ACT TO MAKE AN APPROPRIATION FOR PERSONAL SERVICES
10 AND OPERATING EXPENSES FOR THE DEPARTMENT OF COMMERCE
11 - ARKANSAS DEVELOPMENT FINANCE AUTHORITY FOR THE
12 FISCAL YEAR ENDING JUNE 30, 2026; AND FOR OTHER
13 PURPOSES.
14
15
16 Subtitle
17 AN ACT FOR THE DEPARTMENT OF COMMERCE -
18 ARKANSAS DEVELOPMENT FINANCE AUTHORITY
19 APPROPRIATION FOR THE 2025-2026 FISCAL
20 YEAR.
21
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23 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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25 SECTION 1. REGULAR SALARIES. There is hereby established for the
26 Department of Commerce - Arkansas Development Finance Authority for the 2025-
27 2026 fiscal year, the following maximum number of regular employees.
28
29 Maximum Annual
30 Maximum Salary Rate
31 Item Class No. of Fiscal Year
32 No. Code Title Employees 2025-2026
33 (1) U019U ACOM ADFA EXECUTIVE DIRECTOR 1 GRADE SE03
34 (2) N024N ACOM DIRECTOR STUDENT LOAN AUTHORITY 1 GRADE SE01
35 (3) A146C ACOM ADFA BUSINESS FINANCE DIRECTOR 1 GRADE GS15
36 (4) G321C ACOM ADFA LEGAL COUNSEL 1 GRADE GS15
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1 (5) N066N ACOM CHIEF COMM & LEGISLATIVE AFFAIRS 3 GRADE GS14
2 (6) A017N ACOM ADFA PUBLIC FINANCE OFFICER 1 GRADE GS13
3 (7) A007N ACOM ASLA FED PROGRAMS FINANCE OFFICER 1 GRADE GS13
4 (8) G027C ACOM ADFA PROGRAM OFFICER 9 GRADE GS12
5 (9) A027C ACCOUNTING OPERATIONS MANAGER 1 GRADE GS11
6 (10) A031C ASSISTANT CONTROLLER 1 GRADE GS11
7 (11) A040C ACOM ADFA FISCAL PROGRAM MANAGER 4 GRADE GS10
8 (12) A051C ACOM ADFA FINANCE PROGRAM COORDINATOR 5 GRADE GS09
9 (13) A082C ACCOUNTANT II 2 GRADE GS08
10 (14) A071C ACOM ADFA FINANCE PROGRAM ANALYST 4 GRADE GS08
11 (15) A022C STUDENT LOAN FINANCE SPECIALIST 1 GRADE GS08
12 (16) G173C ACOM ADFA PROGRAM COORDINATOR 7 GRADE GS07
13 (17) C010C EXECUTIVE ASSISTANT TO THE DIRECTOR 3 GRADE GS07
14 (18) A076C FINANCE PROGRAM ANALYST 1 GRADE GS07
15 (19) A080C ACOM FINANCE AUTHORITY SPECIALIST 6 GRADE GS06
16 (20) C037C ADMINISTRATIVE ANALYST 1 GRADE GS06
17 (21) R025C HUMAN RESOURCES ANALYST 1 GRADE GS06
18 MAX. NO. OF EMPLOYEES 55
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20 SECTION 2. EXTRA HELP. There is hereby authorized, for the Department
21 of Commerce - Arkansas Development Finance Authority for the 2025-2026 fiscal
22 year, the following maximum number of part-time or temporary employees, to be
23 known as "Extra Help", payable from funds appropriated herein for such
24 purposes: five (5) temporary or part-time employees, when needed, at rates of
25 pay not to exceed those provided in the Uniform Classification and
26 Compensation Act, or its successor, or this act for the appropriate
27 classification.
28
29 SECTION 3. APPROPRIATION - OPERATIONS. There is hereby appropriated,
30 to the Department of Commerce, to be payable from the cash funds as defined
31 by Arkansas Code 19-4-801, for personal services, operating expenses, data
32 processing services and grants and aid by of the Department of Commerce -
33 Arkansas Development Finance Authority for the fiscal year ending June 30,
34 2026, the following:
35
36 ITEM FISCAL YEAR
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1 NO. 2025-2026
2 (01) REGULAR SALARIES $3,545,109
3 (02) EXTRA HELP 40,000
4 (03) PERSONAL SERVICES MATCHING 1,195,812
5 (04) MAINT. & GEN. OPERATION
6 (A) OPER. EXPENSE 611,458
7 (B) CONF. & TRAVEL 60,000
8 (C) PROF. FEES 123,810
9 (D) CAP. OUTLAY 29,000
10 (E) DATA PROC. 0
11 (05) DATA PROCESSING SERVICES 264,512
12 (06) HUD HOME PROGRAM 16,341,215
13 (07) FEDERAL HOUSING PROGRAMS 3,400,000
14 TOTAL AMOUNT APPROPRIATED $25,610,916
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16 SECTION 4. APPROPRIATION - STUDENT LOAN AUTHORITY DIVISION. There is
17 hereby appropriated, to the Department of Commerce, to be payable from the
18 cash funds as defined by Arkansas Code 19-4-801, for personal services and
19 operating expenses of the Department of Commerce - Arkansas Development
20 Finance Authority - Student Loan Authority Division for the fiscal year
21 ending June 30, 2026, the following:
22
23 ITEM FISCAL YEAR
24 NO. 2025-2026
25 (01) REGULAR SALARIES $381,135
26 (02) PERSONAL SERVICES MATCHING 119,227
27 (03) MAINT. & GEN. OPERATION
28 (A) OPER. EXPENSE 125,312
29 (B) CONF. & TRAVEL 13,972
30 (C) PROF. FEES 1,673,875
31 (D) CAP. OUTLAY 0
32 (E) DATA PROC. 0
33 TOTAL AMOUNT APPROPRIATED $2,313,521
34
35 SECTION 5. APPROPRIATION - NATIONAL HOUSING TRUST FUND GRANT. There is
36 hereby appropriated, to the Department of Commerce - Arkansas Development
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1 Finance Authority, to be payable from the federal funds as designated by the
2 Chief Fiscal Officer of the State, for personal services and operating
3 expenses for implementation of the Federal Housing Program for the fiscal
4 year ending June 30, 2026, the following:
5
6 ITEM FISCAL YEAR
7 NO. 2025-2026
8 (01) FEDERAL HOUSING PROGRAM $15,000,000
9
10 SECTION 6. APPROPRIATION - EMERGENCY SOLUTIONS GRANT. There is hereby
11 appropriated, to the Department of Commerce - Arkansas Development Finance
12 Authority, to be payable from the federal funds as designated by the Chief
13 Fiscal Officer of the State, to provide funding to engage homeless
14 individuals and families, improve the number and quality of emergency
15 shelters for homeless individuals and families, provide essential services to
16 shelter residents and rapidly re-house homeless individuals and families for
17 the fiscal year ending June 30, 2026, the following:
18
19 ITEM FISCAL YEAR
20 NO. 2025-2026
21 (01) GRANTS AND AID $2,296,487
22
23 SECTION 7. COMPLIANCE WITH OTHER LAWS. Disbursement of funds
24 authorized by this act shall be limited to the appropriation for such agency
25 and funds made available by law for the support of such appropriations; and
26 the restrictions of the State Procurement Law, the General Accounting and
27 Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary
28 Procedures and Restrictions Act, or their successors, and other fiscal
29 control laws of this State, where applicable, and regulations promulgated by
30 the Department of Finance and Administration, as authorized by law, shall be
31 strictly complied with in disbursement of said funds.
32
33 SECTION 8. LEGISLATIVE INTENT. It is the intent of the General
34 Assembly that any funds disbursed under the authority of the appropriations
35 contained in this act shall be in compliance with the stated reasons for
36 which this act was adopted, as evidenced by the Agency Requests, Executive
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1 Recommendations and Legislative Recommendations contained in the budget
2 manuals prepared by the Department of Finance and Administration, letters, or
3 summarized oral testimony in the official minutes of the Arkansas Legislative
4 Council or Joint Budget Committee which relate to its passage and adoption.
5
6 SECTION 9. EMERGENCY CLAUSE. It is found and determined by the General
7 Assembly, that the Constitution of the State of Arkansas prohibits the
8 appropriation of funds for more than a one (1) year period; that the
9 effectiveness of this Act on July 1, 2025 is essential to the operation of
10 the agency for which the appropriations in this Act are provided, and that in
11 the event of an extension of the legislative session, the delay in the
12 effective date of this Act beyond July 1, 2025 could work irreparable harm
13 upon the proper administration and provision of essential governmental
14 programs. Therefore, an emergency is hereby declared to exist and this Act
15 being necessary for the immediate preservation of the public peace, health
16 and safety shall be in full force and effect from and after July 1, 2025.
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5 01/06/2025 3:53:34 PM MAH005Every fact on this page links to its source, starting with the official bill record.