AR HB1516

Appropriates $2,900,312 from the General Improvement Fund for loan payments to the Teacher Retirement System for the statewide public school computer system.

Appropriates $3,046,092 from the General Improvement Fund for grants providing matching funds for the National Math and Science Initiative, including teacher professional development, student incentives, and equipment.

Appropriates $3,000,000 from the Educational Buildings Maintenance Fund for renovation and repairs to the Department of Education Capitol Complex facilities.

Restricts contracts and obligations to available State Treasury funds, while allowing institutions to supplement with grants, donations, and Federal funds.

Declares an emergency effective date of July 1, 2011 to ensure continuity of essential educational programs and governmental operations.