SB355 Summary

• Appropriates supplemental funds totaling approximately $932,965.94 across multiple state agencies and divisions for fiscal year 2014-2015 to pay approved claims against the State of Arkansas.

• Authorizes payments to specific claimants including City Corporation ($22,779.35), Cequel Communications ($23,877.46), Lien Technologies, Inc. ($250,000.00), Nationwide Construction Group ($27,659.48), W.W. Magness Co., Inc. ($40,000.00), and others through designated state funds.

• Designates the Clerk of the State Claims Commission as the disbursing officer responsible for receiving warrants from the Auditor of State and distributing payments to claimants.

• Allows state agencies with insufficient 2014-2015 fiscal year funds to carry over claim payments into fiscal year 2015-2016 upon certification by the Chief Fiscal Officer.

• Contains an emergency clause declaring that payees have been deprived of funds for an extended period, requiring immediate payment to preserve the state's reputation and public welfare.