AR SB420

Appropriates $325,000 from the General Improvement Fund to SAU-Tech for grants covering operating expenses of the Environmental Academy.

Prohibits contracts and obligations exceeding available State Treasury funds, but allows institutions to supplement with grants, donations, Federal funds, and unobligated cash income.

Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws and Department of Finance and Administration regulations.

Directs funds be used in compliance with stated reasons documented in budget manuals, agency requests, executive recommendations, legislative recommendations, and Joint Budget Committee minutes.

Declares an emergency effective July 1, 2011, citing constitutional limits on appropriation periods and need for immediate agency operation.