AR SB697

Appropriates $25,000 to the War Memorial Stadium Commission from the General Improvement Fund for purchase of equipment, construction, improvements, renovation, and maintenance.

Prohibits contracts or obligations exceeding available State Treasury funds, but allows the Commission to accept and use grants, donations, Federal funds, and unobligated cash income to supplement State funds.

Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and Department of Finance and Administration regulations in disbursing funds.

Specifies that funds must be used in compliance with stated reasons documented in budget manuals, letters, and official legislative minutes.

Declares an emergency effective July 1, 2013, stating the immediate appropriation is essential to agency operations and prohibits using maintenance and general operations funds for these capital improvement purposes.