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AR SB556
Bill
Status
3/21/2011
Primary Sponsor
Percy Malone
Click for details
AI Summary
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Appropriates $1,500,000 to the University of Arkansas from the General Improvement Fund for operations, equipment, and capital improvements for the Arkansas Research and Education Optical Network.
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Authorizes the University to accept and use grants, donations, and Federal funds to supplement State Treasury funds for financing project costs.
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Prohibits existing Maintenance and General Operations appropriations from being used for the purposes specified in this act.
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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.
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Makes the act effective July 1, 2011 as an emergency measure necessary for agency operations.
Legislative Description
An Act For The University Of Arkansas - Arkansas Research And Education Optical Network Operations, Equipment And Capital Improvements General Improvement Appropriation.
Last Action
Senate Notification that SB556 is now Act 444
3/21/2011