HB1415 Summary

• Reappropriates unspent balances from prior capital improvement appropriations for 28 Arkansas higher education institutions, effective July 1, 2021

• Funds cover campus construction projects, renovations, maintenance, technology upgrades, and equipment purchases across community colleges, technical colleges, and university branch campuses

• Appropriations are payable from the Development and Enhancement Fund and Arkansas Natural and Cultural Resources Grant and Trust Fund, totaling millions in combined allocations

• Prohibits use of funds to exceed available State Treasury funds, requires compliance with state purchasing and fiscal control laws, and restricts use of maintenance and operations funds for these capital projects

• Declares emergency effective date of July 1, 2021 to ensure uninterrupted higher education facility operations and improvements