This bill proposes an appropriation of $5,000,000 for the construction-related expenses of an Arkansas Teaching Veterinarian Hospital at the Little Rock Zoo for the fiscal year ending June 30, 2026. The funds will be allocated to the Department of Finance and Administration - Disbursing Officer and will be sourced from the General Revenue Allotment Reserve Fund. The bill includes a provision for the immediate transfer of these funds upon its effective date, ensuring that the financial resources are available for the intended purpose.
Additionally, the bill emphasizes compliance with existing fiscal control laws and outlines the legislative intent behind the appropriation. It includes an emergency clause, stating that the act must take effect on July 1, 2025, to prevent any disruption in the operation of the agency responsible for the funds. This urgency is based on the constitutional limitation of appropriations to a one-year period and the potential harm that could arise from any delays in implementation.