SB126 Summary

• Appropriates supplemental funds for fiscal year 2015-2016 to pay approved claims against the State of Arkansas totaling approximately $3.81 million across 15 sections

• Distributes payments from various state funds including Individual Income Tax Withholding Fund, Corporate Income Tax Withholding Fund, State Highway and Transportation Department Fund, and Miscellaneous Revolving Fund

• Largest individual appropriations include $1.3 million to APAC-Tennessee, Inc., $1.29 million to Rosiek Construction Co., Inc., and $426,851 to Schlumberger Technology Corp.

• Authorizes state agencies with insufficient 2015-2016 fiscal year funds to pay claims from 2016-2017 appropriations after July 1, 2016, upon Chief Fiscal Officer certification

• Declares an emergency clause allowing the act to take effect immediately upon passage due to payees being deprived of funds for an extended period