AR HB1027

Reappropriates remaining balances of capital improvement appropriations from previous fiscal years to 21 Arkansas higher education institutions, effective July 1, 2012.

Allocates funds for specific projects including construction of buildings, deferred maintenance, equipment replacement, technology upgrades, and workforce development programs across community colleges and universities.

Funding sources include the General Improvement Fund and Arkansas Natural and Cultural Resources Grant and Trust Fund, with institutions authorized to supplement with grants, donations, and unobligated cash income.

Requires strict compliance with state purchasing laws, accounting procedures, and fiscal control regulations in disbursement of funds.

Declares an emergency effective July 1, 2012 to ensure immediate availability of funds for essential institutional operations.