HB 1491 Summary

• Appropriates $2,462,345 to Southern Arkansas University for fiscal year 2020-2021 to supplement operating expenses previously appropriated in Act 35 of 2020.

• Funds are payable from the Southern Arkansas University Fund and designated entirely for operating expenses, with no allocation for conferences/travel, professional fees, capital outlay, or data processing.

• Requires all fund disbursements to comply with state procurement, accounting, budgetary procedures, revenue stabilization, and salary restriction laws.

• Declares an emergency clause, finding that unforeseen circumstances made the previously appropriated funds insufficient for the university to continue providing essential governmental services.

• Becomes effective upon passage and approval, or if vetoed and overridden, on the date the last house votes to override the veto.