Loading chat...
AR SB506
Bill
Status
3/21/2011
Primary Sponsor
Jim Luker
Click for details
AI Summary
-
Appropriates $250,000 to Mid-South Community College from the General Improvement Fund for construction, maintenance, personal services, and operating expenses.
-
Permits the college to supplement state funds with grants, donations, federal funds, and unobligated cash income for project financing.
-
Requires compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and Department of Finance and Administration regulations in fund disbursement.
-
Specifies that funds must be used in accordance with Agency Requests, Executive Recommendations, and Legislative Recommendations documented in budget manuals and legislative records.
-
Declares an emergency effective date of July 1, 2011, citing constitutional restrictions on multi-year appropriations and the need for immediate operational funding.
Legislative Description
An Act For The Mid-south Community College - Capital Improvement Projects General Improvement Appropriation.
Last Action
Senate Notification that SB506 is now Act 423
3/21/2011