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Committee approves bill to consolidate state and federal development programs into two
Summary
Senators approved House Bill 1920 to consolidate several state and federal development programs into two programs for administrative simplicity; sponsor and Arkansas Development Finance Authority said the change requires no new money and has the Governor's support.
The Senate Agriculture, Forestry & Economic Development committee approved House Bill 1920, a cleanup measure presented by the Arkansas Development Finance Authority that would consolidate multiple state and federal development programs into two programs to simplify administration.
Brad Henry, vice president of development finance for the Arkansas Development Finance Authority, told…
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