HB1033

This bill acts as the annual appropriation measure for the Arkansas Office of the Treasurer of State for the 2024-2025 fiscal year. It sets the maximum number of full-time regular employees at 33 and authorizes five part-time or temporary positions. The legislation provides a total budget appropriation of $7,346,528, covering regular salaries, personal services matching, operating expenses, and data processing. It specifies funding allocations for administrative costs, financial and educational programs, and agency security. The bill includes provisions for the Treasurer to transfer funds between line items with legislative oversight. Additionally, it grants the Treasurer authority to adjust employee salaries, including merit pay and recruitment incentives, subject to specific limits and approval processes. The bill also includes an emergency clause to ensure funding is available by the start of the fiscal year on July 1, 2024.