SEC. 31-11-29. Capital expense and development budget.
The legislative budget office shall prepare and submit to each regular session of the legislature a "capital expense
and development" budget based on information furnished as herein provided by the office of general services, plus
such other information as may be obtained. The said budget shall contain an estimate of the immediate and the
long term capital needs of each state department, agency, institution, and each junior college. Such budget shall
include a description of the buildings and other facilities which are recommended as needed at each institution,
along with an estimate of the cost. The budget shall also include a suggested method of financing the immediate
needs. "Immediate needs" shall be construed to mean: buildings, major improvements, and other facilities required
for the proper functioning of the institution for the next year. "Long range" needs shall be construed to mean:
buildings, major improvements, and other facilities of a similar nature which may be required at some indefinite
date in the future.
SOURCES: Codes, 1942, Sec. 9023-55; Laws, 1962, ch. 608, Sec. 4; 1984, ch. 488, Sec. 35, eff from and after July 1, 1984.