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AR SB9

Bill

Official Source

Status

Passed

5/3/2016

Primary Sponsor

Joint Budget Committee

Click for details

Origin

Senate

90th General Assembly (2016 Fiscal)

AI Summary

  • Reappropriates $13,932,304 in remaining balances from Act 128 of 2015 for the APERS Pension Administration System development, acquisition, and implementation, effective July 1, 2016
  • Reappropriates $10,000,000 in remaining balances from Act 195 of 2015 for the same APERS Pension Administration System purposes, effective July 1, 2016
  • Prohibits awarding contracts or incurring obligations beyond available State Treasury funds, unless supplemented by grants, donations, Federal funds, or agency cash income
  • Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and Department of Finance and Administration regulations
  • Declares an emergency effective July 1, 2016 to ensure uninterrupted operation of the APERS retirement system and essential governmental programs

Legislative Description

An Act For The Arkansas Public Employees Retirement System Reappropriation.

Last Action

Notification that SB9 is now Act 8

5/3/2016

Committee Referrals

Budget4/13/2016

Full Bill Text

No bill text available