AR SB506

Appropriates $200,000 to the University of Arkansas for Medical Sciences from the General Improvement Fund for construction, equipping, and upgrading signage at Ray Winder Field.

Authorizes the university to supplement state funds with grants, donations, federal funds, and unobligated cash income to finance the entire project costs.

Requires strict compliance with state purchasing law, accounting procedures, revenue stabilization law, and fiscal control regulations in fund disbursement.

Declares an emergency effective date of July 1, 2015, to ensure the appropriation takes effect at the start of the fiscal year for agency operations.

Requires all fund disbursements to comply with stated purposes outlined in agency requests, executive recommendations, and legislative recommendations in budget manuals and official legislative minutes.