AR SB102

Appropriates $2,956,690 from the State Central Services Fund for the Auditor of State Operations for fiscal year 2016-2017, including $1,699,252 for regular salaries of 24 maximum employees, $60,713 for extra help, and $518,775 for personal services matching.

Appropriates $1,453,492 from the State Central Services Fund for the Auditor of State Unclaimed Property Program for fiscal year 2016-2017, including $618,059 for regular salaries of 10 maximum employees and $187,433 for personal services matching.

Appropriates $22,777,500 from cash funds for unclaimed property program operating expenses ($2,500) and payment of unclaimed property claims ($22,775,000) for fiscal year 2016-2017.

Appropriates $2,500,500 from cash funds for abandoned mineral proceeds operating expenses ($500) and payment of claims for abandoned mineral proceeds ($2,500,000) for fiscal year 2016-2017.

Authorizes the Auditor of State to transfer appropriations between line items within Operations (Section 3) and Unclaimed Property Program (Section 5) upon approval from the Chief Fiscal Officer and prior review by the Arkansas Legislative Council, effective July 1, 2016 through June 30, 2017.