AR HB1002

Appropriates $2,500,000 to Southern Arkansas University from the Southern Arkansas University Fund for lignite research during fiscal year ending June 30, 2012.

Authorized funds may be used for personal services, operating expenses, professional services, supplies, equipment purchases, construction, and study and sampling expenses related to lignite research.

Requires strict compliance with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, Regular Salary Procedures and Restrictions Act, Higher Education Expenditures Restrictions Act, and other applicable fiscal control laws.

Establishes legislative intent that funds must be disbursed in compliance with reasons stated in Agency Requests, Executive Recommendations, Legislative Recommendations, and official budget committee minutes.

Declares an emergency clause making the act effective upon passage and approval, citing constitutional restrictions on multi-year appropriations and essential operational needs.