SB37

Senate Bill 37 is an appropriation act that establishes the annual operating budget and personnel authorizations for the Arkansas Department of Commerce and its various divisions for the fiscal year ending June 30, 2026. The bill authorizes specific staffing levels for shared services, the Arkansas Economic Development Commission (AEDC), and the Division of Science and Technology. It allocates funding across multiple accounts, including administrative costs, personal services, and operating expenses. Additionally, the bill provides specific appropriations for economic development initiatives, such as the Quick Action Closing Fund, community development block grants (CDBG), disaster recovery efforts, and the Arkansas Wine Producers Council. It also funds infrastructure projects and technological advancement programs through the Arkansas Acceleration Fund and seed capital investments. The legislation ensures the continued operation of state agencies tasked with economic recruitment and rural development.