HB 1022·AR·house
AN ACT FOR THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.
Signed into LawFiled Apr 1, 2026
Sponsor: Joint Budget Committee
Latest Action
Notification that HB1022 is now Act 159
May 1, 2026
Summary
The legislation allocates money to the Arkansas Development Finance Authority for the 2026‑2027 fiscal year and amends state law to set specific salary grades for its positions. It gives the Authority’s director discretion to adjust salaries, add merit pay, and exceed salary caps for a limited number of jobs, and creates a pool of 20 additional positions that can be added as needed, with annual reporting requirements.
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