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AR SB270
Bill
Status
3/1/2021
Primary Sponsor
Joint Budget Committee
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AI Summary
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Reappropriates the balance of capital improvement appropriations from Act 99 of 2020 to the Department of Finance and Administration for AASIS modernization implementation costs in an amount not to exceed $32,200,000, payable from the Development and Enhancement Fund.
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Funds are effective July 1, 2021 and may only be obligated up to the amount of State Treasury funds actually available, though institutions may supplement with grants, donations, Federal funds, or unobligated cash income.
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Maintenance and General Operations appropriations for the agency cannot be used for the purposes authorized in this act.
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All disbursements must comply with state purchasing law, accounting and budgetary procedures law, revenue stabilization law, and other applicable fiscal control laws unless specifically provided otherwise.
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Declares an emergency effective July 1, 2021 to ensure uninterrupted operation of the agency, citing the state constitutional prohibition on appropriations exceeding one year.
Legislative Description
An Act For The Department Of Finance And Administration Reappropriation.
Last Action
Notification that SB270 is now Act 171
3/1/2021