AR SB464

Appropriates $10,000,000 to the Northwest Technical Institute from the General Improvement Fund for construction, renovation, maintenance, equipment, security enhancements, technology upgrades, land/facility purchases, training, supplies, and library resources.

Prohibits contracts or obligations exceeding available State Treasury funds, but allows the institute 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 Department of Finance and Administration regulations in fund disbursement.

Specifies that funds must be used in compliance with stated reasons documented in budget manuals, agency requests, executive recommendations, and legislative council or budget committee minutes.

Declares an emergency effective July 1, 2017, citing the constitutional requirement that appropriations be limited to one-year periods and the essential need for immediate funding.