Bill > SB327

This bill amends Arkansas Code § 14-171-215(a)(5) to update the payment schedule for the Arkansas State Fair and Livestock Show Association. Specifically, the bill extends the existing funding mechanism by replacing the previous fiscal years (2009-2025) with new fiscal years (2025-2035). The annual payment amount remains consistent at $887,908 per fiscal year, which will be received by the Association or its bond trustee, less any general revenues already appropriated. The bill effectively updates the timeline for state assistance payments to the Arkansas State Fair and Livestock Show Association, ensuring continued financial support through fiscal year 2035. The modifications appear to be a routine extension of existing funding provisions, maintaining the same level of financial support for the organization over an additional decade.

Agriculture and Natural Resources

https://arkleg.state.ar.us/Bills/Detail?id=sb327&ddBienniumSession=2025%2F2025R