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AR SB412
Bill
Status
4/22/2015
Primary Sponsor
Bobby Pierce
Click for details
AI Summary
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Appropriates $1,000,000 to Southern Arkansas University from the General Improvement Fund for construction, renovation, maintenance, critical maintenance, security enhancements, equipment, technology upgrades, and library resources.
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Allows Southern Arkansas University to supplement state funds with grants, donations, federal funds, and unobligated cash income to finance project costs.
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Prohibits use of the appropriation to replace existing Maintenance and General Operations funding provided by the General Assembly.
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Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws in fund disbursement.
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Takes effect July 1, 2015 as an emergency measure necessary for agency operations and essential governmental programs.
Legislative Description
An Act For The Southern Arkansas University - Construction, Maintenance, Equipment, And Library Resources General Improvement Appropriation.
Last Action
Sine Die adjournment
4/22/2015