HB1020 Summary

• Reappropriates balances of capital improvement appropriations from various 2013 acts to 28 Arkansas higher education institutions, effective July 1, 2014

• Allocates funds for construction projects, renovations, deferred maintenance, equipment repairs, technology upgrades, and library resources across community colleges, technical colleges, and university system campuses

• Total appropriations include amounts ranging from $20,005 to $10,000,000 per institution, sourced from the General Improvement Fund and Arkansas Natural and Cultural Resources Grant and Trust Fund

• Includes provisions allowing institutions to supplement state funds with grants, donations, federal funds, and unobligated cash income without affecting maintenance and general operations funding

• Effective July 1, 2014, with emergency clause citing Arkansas Constitution's one-year appropriation limit and need for immediate operational continuity