AR SB544

Appropriates $319,500 to Arkansas State University - Mountain Home from the General Improvement Fund for equipment and technology needs.

Permits the institution to supplement state funds with grants, donations, federal funds, and unobligated cash income to finance the full project costs.

Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws in disbursement of funds.

Specifies that funds must be used in accordance with stated reasons documented in budget manuals, agency requests, executive and legislative recommendations, and official minutes of the Arkansas Legislative Council or Joint Budget Committee.

Declares an emergency effective July 1, 2011, citing the constitutional prohibition on appropriations exceeding one year and the essential need for immediate operation of the agency.