AR SB628

Appropriates $250,000 from the General Improvement Fund to the Economic Development Commission for grants to health-related facilities or hospitals.

Eligible uses of grant funds include construction, land acquisition, improvements, renovation, maintenance, equipment acquisition, and technology upgrades.

Allows recipient institutions and agencies to supplement state funds with grants, donations, federal funds, and unobligated cash income to finance project costs.

Prohibits using appropriated funds to exceed available state treasury funds and requires strict compliance with state purchasing laws, accounting procedures, and fiscal control laws.

Establishes effective date of July 1, 2013 and declares an emergency to ensure immediate availability of funds for agency operations.