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AR SB34
Bill
Status
2/20/2014
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Reappropriates capital improvement fund balances for Arkansas higher education institutions effective July 1, 2014, including Henderson State University ($33.946 million), Southern Arkansas University ($19.573 million), and Arkansas State University-Jonesboro ($49.796 million).
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Allocates funds across University of Arkansas System campuses for construction, renovation, maintenance, equipment, and library resources, totaling over $100 million collectively.
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Provides funding for specialized projects including the Winthrop P. Rockefeller Cancer Research Institute-Myeloma Institute ($15 million), nanotechnology centers, and various campus technology upgrades.
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Includes reappropriations from Arkansas Natural and Cultural Resources Grant and Trust Fund for historic site preservation and restoration projects at multiple universities ($690,000-$50,000 ranges).
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Establishes disbursement controls requiring compliance with state purchasing and budgetary procedures, and declares an emergency clause for July 1, 2014 effective date to ensure continuous operation of higher education programs.
Legislative Description
An Act For The Institutions Of Higher Education Reappropriation.
Last Action
Notification that SB34 is now Act 34
2/20/2014