AR SB229

Reappropriates $139,614,587 from the Development and Enhancement Fund effective July 1, 2023, for maintenance, renovation, equipping, construction, acquisition, improvement, upgrade and repair of all state-owned real property and facilities.

Reappropriates $325,050 from the Arkansas Natural and Cultural Resources Grant and Trust Fund effective July 1, 2023, for acquisition, management, stewardship or preservation of state-owned lands, historic sites, buildings, structures or objects.

Prohibits contracts or obligations exceeding available State Treasury funds, but allows agencies 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 other applicable fiscal control laws in fund disbursement.

Declares an emergency clause making the act effective July 1, 2023, to ensure agency operations and prevent irreparable harm to essential governmental programs.