AR SB87

Appropriates $2,655,036 from the State Central Services Fund for the Auditor of State Operations for fiscal year 2017-2018, including $1,505,000 for regular salaries of 21 employees and operating expenses.

Appropriates $1,571,238 from the State Central Services Fund for the Unclaimed Property Program for fiscal year 2017-2018, including $714,561 for regular salaries of 10 employees and operating expenses.

Appropriates $25,055,250 in cash funds for payment of unclaimed property claims ($25,052,750) and operating expenses ($2,500) for fiscal year 2017-2018.

Appropriates $2,500,500 in cash funds for payment of abandoned mineral proceeds claims ($2,500,000) and operating expenses ($500) for fiscal year 2017-2018.

Authorizes the Auditor of State to transfer appropriations between line items within Operations and within the Unclaimed Property Program with approval from the Chief Fiscal Officer and Arkansas Legislative Council or Joint Budget Committee, effective July 1, 2017 through June 30, 2018.