The bill proposes an appropriation of up to $5,000,000 to the University of Arkansas - Division of Agriculture for capital improvement projects, specifically for upgrades and renovations to the Agricultural Research and Extension Centers and Stations. The funds will be disbursed from the cash fund in the State Treasury, as determined by the Chief Fiscal Officer of the State, and must comply with various state laws and regulations regarding fiscal control and appropriations.

Additionally, the bill includes an emergency clause stating that the act will take effect on July 1, 2023, to ensure the timely operation of the agency and prevent any potential harm to essential governmental programs. This clause emphasizes the necessity of the appropriations for the immediate preservation of public peace, health, and safety.