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AR HB1044
Bill
Status
5/3/2016
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Appropriates $2,375,563 to the University of Arkansas - Arkansas Biosciences Institute from the Tobacco Settlement Fund for fiscal year 2016-2017, including $480,000 for regular salaries, $75,000 for personal services matching, $800,000 for operating expenses, and $1,020,563 for capital outlay.
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Appropriates $2,415,432 to the University of Arkansas - Division of Agriculture - Arkansas Biosciences Institute from the Tobacco Settlement Fund for fiscal year 2016-2017, including $1,356,100 for regular salaries, $359,332 for personal services matching, $380,000 for operating expenses, $40,000 for conference and travel, $100,000 for professional fees, and $180,000 for capital outlay.
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Restricts transfers of appropriated funds to those approved by the Department of Higher Education, the Chief Fiscal Officer of the State, and the Legislative Council, with Legislative Council approval deemed non-severable.
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Clarifies that no state funds will replace Tobacco Settlement funds when they expire unless appropriated by the General Assembly and authorized by the Governor, and requires disclosure of this limitation to all affected employees.
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Declares an emergency clause for effectiveness on July 1, 2016, finding that the Constitution requires appropriations for no more than one year and that timely implementation is essential to agency operations.
Legislative Description
An Act For The University Of Arkansas And The Division Of Agriculture - Arkansas Biosciences Institutes Appropriation For The 2016-2017 Fiscal Year.
Last Action
Notification that HB1044 is now Act 125
5/3/2016