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2025 Session

Budget Amendments - HB1600 (Floor Approved)

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Site Readiness Improvements in Pulaski County

Item 103 #7h

Item 103 #7h

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $15,000,000 FY2026 $0 GF

Language
Page 111, line 49, strike "$150,752,325" and insert "$165,752,325".

Page 121, after line 18, insert:

"AA. Out of this appropriation, $15,000,000 the first year from the general fund is provided to Pulaski County for site readiness improvements including a road extension, grading, and natural gas pipeline extension. Prior to the release of any funding in this paragraph, Pulaski County shall enter into a Memorandum of Understanding (MOU) with the department and shall demonstrate at a minimum a dollar for dollar match of non-state resources for these site readiness improvements. Any funding remaining at the end of the fiscal year shall be carried forward into the next fiscal year for the purposes described in this paragraph."



Explanation

(This amendment provides $15.0 million to Pulaski County for site readiness improvements to help secure up to $3.0 billion in capital investment in the region through the construction of a data center and powerplant in the County.)