HB 1026 Summary

• Reappropriates $830,750 in General Improvement Fund balance to Crowley's Ridge Technical Institute for cosmetology classroom and laboratory facilities construction and equipment costs, effective July 1, 2014.

• Reappropriates $907,000 for major maintenance and repair of facilities at the institute, effective July 1, 2014.

• Reappropriates $1,000,000 for transfers or refunds to capital expenditures for construction, renovation, major maintenance, and equipment purchases for various capital projects or facility improvements, effective July 1, 2014.

• Prohibits contracts or obligations exceeding available State Treasury funds and requires strict compliance with state purchasing, accounting, and fiscal control laws in fund disbursement.

• Declares an emergency effective July 1, 2014, to ensure operation of the agency and prevent irreparable harm to essential governmental programs.