AR SB676

Appropriates $500,000 to the University of Arkansas - Fort Smith from the General Improvement Fund for construction, renovation, maintenance, critical maintenance, equipment, security enhancements, technology upgrades/equipment, and library resources

Prohibits contracts or obligations exceeding available State Treasury funds, but allows the university to supplement with grants, donations, Federal funds, and unobligated cash income

Restricts use of existing Maintenance and General Operations appropriations for the purposes covered by this act

Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws

Effective July 1, 2015 with emergency clause, as funds are appropriated for one-year periods under Arkansas Constitution