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AR SB477
Bill
Status
5/1/2017
Primary Sponsor
Larry Teague
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AI Summary
SB477 Summary
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Appropriates funds from the General Improvement Fund to 23 Arkansas higher education institutions and technical colleges for construction, renovation, maintenance, equipment, security enhancements, and technology upgrades.
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Distributes over $200 million total, with most institutions receiving $10 million for general improvements and specialized facilities receiving $5 million each (examples: Environmental Training Academy, Fire Training Academy, workforce education centers).
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Institutions may supplement state funds with grants, donations, federal funds, and unobligated cash income to cover full project costs.
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Requires strict compliance with state purchasing laws, accounting procedures, and fiscal control laws in fund disbursement unless specifically exempted by law.
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Effective July 1, 2017, with emergency clause declaring immediate effectiveness necessary for proper operation of higher education agencies and programs.
Legislative Description
An Act For The Institutions Of Higher Education General Improvement Appropriation.
Last Action
Sine Die adjournment
5/1/2017