Ark. Code Ann. § 19-4-1109 (2020)
Procurement contracts
Each state agency which is authorized by law or under the purchasing procedures of this state to enter into contracts for the procurement of property, commodities, or services shall keep on file in their respective places of business copies of these contracts for public inspection or audit and shall make a copy of any such contract available to the Chief Fiscal Officer of the State when so required by him or her.
History. Acts 1973, No. 876, § 15; A.S.A. 1947, § 13-341; Acts 2001, No. 1453, § 34.
Subchapter 12 — Disbursement of Public Funds
Preambles. Acts 1973, No. 876, contained a preamble which read:
“Whereas, in the enactment of the General Accounting Procedures Law of Arkansas, the Sixtieth General Assembly declared it to be the public policy that the State and all of its agencies be maintained in a sound financial basis, to provide for the adequate accounting for all fiscal transactions of the State, to provide for establishing rules, regulations and procedures for budget preparation, presentation, enactment, execution and defining powers and duties of the Chief Fiscal Officer and State Auditor and the State Treasurer in connection with the foregoing; and
“Whereas, in order to carry out the public policy, purposes, intent and provisions of the General Accounting Procedures Law of Arkansas and in order to accept, adapt and comply with the modern-day technological changes and innovations in budgetary, accounting, and fiscal procedures, it is necessary for the General Assembly to enact legislation providing for the same; and
“Whereas, it is necessary for the Executive Department of the State to exercise close supervision of budget preparation and presentation to the General Assembly and to exercise close supervision over the execution of those appropriations approved by the General Assembly to avoid deficit spending and to realize maximum benefits from its resources so as to discharge the State Government's obligation to its citizenry; and
“Whereas, it is the responsibility of the General Assembly to determine the programs, projects and services for which the State's revenues shall be expended and the priorities which should govern such expenditures; and
“Whereas, in order to discharge its responsibility the General Assembly and its interim committees, including the Legislative Council, has need of accurate data in order to make its determinations wisely; and
“Whereas, the General Assembly recognizes and accepts the principles, purposes and intent of the Revenue Stabilization Law of Arkansas and the General Accounting Procedures Law of Arkansas as they presently exist and further recognizes the validity of their provisions by virtue of Arkansas Supreme Court decisions; and
“Whereas, it is not the intention of the General Assembly to deviate from the purposes and intent of the Revenue Stabilization Law of Arkansas, but it is the intent of the General Assembly to strengthen the purpose of the Revenue Stabilization Law and the General Accounting Procedures Law of Arkansas by enacting the following legislation which embodies the holdings of prior Arkansas Supreme Court decisions affecting the General Accounting Procedures Law of Arkansas, now therefore … .”
Effective Dates. Acts 1973, No. 876, § 35: July 1, 1973. Emergency clause provided: “It being determined by the General Assembly that the proper and effective management and control of State finances requires that the provisions of this Act being necessary for the preservation of the public peace, health, and safety, an emergency is hereby declared to exist and this act shall be in full force and effect from and after July 1, 1973.”
Acts 1979, No. 833, § 12: July 1, 1979. Emergency clause provided: “It is hereby found and determined by the General Assembly that the aforementioned sections of the General Accounting and Budgetary Procedures Law of Arkansas requires amendment to conform with legislation, and for more effective operations of state government. Therefore, an emergency is hereby declared to exist and this act being necessary for the immediate preservation of the public peace, health and safety shall be in full force and effect from and after July 1, 1979.”
Acts 1993, No. 1073, § 35: July 1, 1993. Emergency clause provided: “It is hereby found and determined by the Seventy-Ninth General Assembly that the distribution of general revenues and the creation of the various funds and fund accounts are essential to be in force at the beginning of the state fiscal year and that in the event that the General Assembly extends beyond the sixty day limit, the effective date of this act would not begin at that time creating confusion and not permitting the agencies to implement those programs as approved by the General Assembly. Therefore an emergency is hereby declared to exist and this act being necessary for the immediate preservation of the public peace, health and safety shall be in full force and effect from and after July 1, 1993.”
Acts 2001, No. 1453, § 49: July 1, 2001. Emergency clause provided: “It is found and determined by the General Assembly that proper and effective management requires that changes to the state's finance and accounting laws begin on the first day of the fiscal year and that if there is an extended recess of the General Assembly, the required ninety day period may extend past July 1. Therefore, an emergency is declared to exist and this act being immediately necessary for the preservation of the public peace, health and safety shall become effective on July 1, 2001.”