LEGAL NOTICE - PROPOSED CHANGES TO THE RULE REGARDING RESERVATION OF PRIVATE ACTIVITY BOND CAP
LEGAL NOTICE
In accordance with the provisions of the Arkansas Code Annotated Section 25-15-204 and published in the Arkansas Democrat-Gazette August 18, 19 and 20, NOTICE is hereby given that the Arkansas Development Finance Authority, a division of the Arkansas Department of Commerce, has submitted a proposed rule to the Arkansas Secretary of State to be posted on its website for thirty (30) days for proposed changes to the Rule Regarding Reservation of Private Activity Bond Volume Cap.
The purpose of the proposed rule changes is to update policies and processes for the allocation of private activity and governmental volume cap as required under Arkansas Code Annotated Section 15-5-603(c). The proposed rule as well as this notice will be posted the website of the Arkansas Development Finance Authority at htps://adfa.arkansas.gov/.
A public hearing will be held 10 a.m., Thursday, August 22, 2024, at the offices of the Authority, located at 1 Commerce Way, Suite 602, Little Rock, Arkansas, to accept public comment on the proposed rule changes. Written comment will be accepted through Tuesday, September 17, 2024 at 4:30 p.m. via mail to the Authority, C/O Jake Bleed, Legal Counsel, Arkansas Development Finance Authority, 1 Commerce Way, Suite 602, Little Rock, Arkansas, 72205, or via email to the Authority at jake.bleed@arkansas.gov