SB101 Summary

• Appropriates $1,884,420 from the Miscellaneous Agencies Fund for Arkansas Science and Technology Authority state operations, including $668,298 for regular salaries of 21 employees and $1,215,122 for operating expenses, research matching, technology development, and seed capital investments.

• Appropriates $1,900,000 from cash funds for seed capital investments in technology-based businesses.

• Appropriates $941,110 in federal funds for the Arkansas Manufacturing Extension Network operating expenses and field services.

• Appropriates $257,182 from state funds and $1,196,880 from cash funds for Arkansas Manufacturing Extension Network grants and field services.

• Authorizes additional appropriations totaling $23,073,973 in federal funds for EPSCOR programs, $176,563 for Winthrop Rockefeller Foundation grants, $25,000 for industrial energy assessments, and $7,996,591 for a Health Information Exchange Program, with an effective date of July 1, 2011.