AR HB1487

Appropriates $1,000,000 to Riverside Vocational Technical School from the General Improvement Fund for capital projects including construction, renovation, major maintenance, equipment purchases, and facility improvements.

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

Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other fiscal control laws in fund disbursement.

Restricts use of General Assembly appropriations for Maintenance and General Operations from being used for the purposes outlined in this act.

Declares an emergency clause making the act effective July 1, 2017, citing the state constitutional prohibition on appropriations exceeding one-year periods and the essential nature of these funds to school operations.