AR HB1482

Reappropriates capital improvement fund balances totaling $13,341,932 to Northwest Technical Institute from the Development and Enhancement Fund, effective July 1, 2019, for construction, equipment, and facility improvements across six appropriation items.

Reappropriates cash fund balances totaling $270,000 to Northwest Technical Institute from cash funds defined by Arkansas Code 19-4-801, effective July 1, 2019, for Industrial Technology Center and Allied Health Facility construction costs.

Prohibits contracts or obligations in excess of available State Treasury funds, but permits 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.

Declares an emergency effective July 1, 2019, citing constitutional restrictions on multi-year appropriations and the essential need for immediate funding to maintain agency operations.