This bill appropriates funds for personal services and operating expenses for the Arkansas State University - Arkansas Biosciences Institute for the fiscal year ending June 30, 2025. It establishes a maximum of 43 regular employees across various administrative and academic positions, with specified salary rates for each role. The total amount appropriated for the fiscal year is $5,643,838, which includes allocations for regular salaries, extra help, personal services matching, and operational expenses.

Additionally, the bill includes provisions for the transfer of appropriations within the Arkansas Biosciences Institute, requiring approval from the Division of Higher Education and the Chief Fiscal Officer of the State, as well as the Legislative Council or Joint Budget Committee. It also clarifies that the funding for positions paid from Tobacco Settlement proceeds is not guaranteed beyond the availability of those funds. An emergency clause is included, stating that the act must take effect on July 1, 2024, to ensure the continued operation of the agency.