An Act For The Arkansas Development Finance Authority Appropriation For The 2026-2027 Fiscal Year.

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Plain-English Summary

This amendment to House Bill 1022 establishes specific job titles, grades, and the number of employees for the Arkansas Development Finance Authority. It allows the Authority's Director to adjust salaries, implement a merit program, and exceed maximum salary levels for some positions to attract qualified staff. The bill also creates a pool of 20 additional positions for the Authority to use as needed for growth, with the Director required to report on their use annually.

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