An Act For The Arkansas Corn And Grain Sorghum Promotion Board Appropriation For The 2023-2024 Fiscal Year.
Impact
The bill is expected to have a positive impact on the agricultural sector in Arkansas, particularly by supporting research and developmental initiatives that could lead to enhancements in crop yields and production practices. By investing in the promotion of corn and grain sorghum, the bill aims to bolster the economic viability of these crops, which are significant within the state's overall agricultural landscape. This appropriation aims to ensure that the resources are utilized effectively while complying with various fiscal control laws that govern state expenditures.
Summary
House Bill 1056 is focused on appropriating funds for the Arkansas Corn and Grain Sorghum Promotion Board for the fiscal year ending June 30, 2024. The bill allocates a total of $2,000,000, which includes $25,000 for operations and $1,975,000 specifically earmarked for research and development expenses. This funding is aimed at enhancing the activities associated with corn and grain sorghum within the state, reflecting a commitment to agricultural promotion and development. The legislative intent emphasizes compliance with financial management laws and adherence to established regulations.
Sentiment
The sentiment surrounding HB 1056 is generally positive, especially among agricultural stakeholders who view the funding as essential for promoting crop research and development. Supporters argue that this investment illustrates the state's commitment to nurturing its agricultural foundations, providing necessary resources to improve productivity. However, there may be concerns regarding how these funds will be allocated and if they will effectively result in tangible benefits for local farmers and the agricultural economy.
Contention
One point of contention may arise from the operational framework and transparency of fund allocation. While the bill outlines the purpose and intent for the appropriation, critics might demand clarity on how the funds will be managed and monitored to ensure they serve the intended purposes. Ensuring that the research funded yields substantial outcomes relevant to Arkansas' agricultural needs will be crucial for gaining widespread support. Moreover, there may be discussions on whether additional oversight is required to maximize the benefit for stakeholders in the agricultural industry.
To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2022, to June 30, 2023, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2022.