Loading chat...
AR SB515
Bill
Status
3/31/2015
Primary Sponsor
Terry Rice
Click for details
AI Summary
-
Appropriates $250,000 to Rich Mountain Community College from the General Improvement Fund for improvements, enhancements, equipment, renovations, and maintenance of the off-campus site located in Waldron, Arkansas.
-
Prohibits contracts or obligations exceeding available State Treasury funds, but permits the college to supplement with grants, donations, Federal funds, and unobligated cash income.
-
Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws in disbursement of funds.
-
Specifies that funds must be used in accordance with Agency Requests, Executive Recommendations, and Legislative Recommendations documented in budget manuals and legislative records.
-
Declares an emergency clause making the act effective July 1, 2015, citing the State Constitution's one-year appropriation limit and the need for operational continuity.
Legislative Description
An Act For The Rich Mountain Community College - Off-campus Site Improvements General Improvement Appropriation.
Last Action
Notification that SB515 is now Act 768
3/31/2015