Loading chat...

AR SB34

Bill

Status

Passed

2/20/2014

Primary Sponsor

Joint Budget Committee

Click for details

Origin

Senate

89th General Assembly (2014 Fiscal)

AI Summary

  • 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).

  • Allocates funds across University of Arkansas System campuses for construction, renovation, maintenance, equipment, and library resources, totaling over $100 million collectively.

  • Provides funding for specialized projects including the Winthrop P. Rockefeller Cancer Research Institute-Myeloma Institute ($15 million), nanotechnology centers, and various campus technology upgrades.

  • 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).

  • 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

Committee Referrals

Budget2/10/2014

Full Bill Text

No bill text available