This bill appropriates funds for personal services and operating expenses for the University of Arkansas and the Division of Agriculture - Arkansas Biosciences Institutes for the fiscal year ending June 30, 2026. The total amount appropriated for the Arkansas Biosciences Institute is $2,375,563, which includes regular salaries, personal services matching, and various operational expenses. Similarly, the Division of Agriculture is allocated $2,415,432 for similar purposes. The bill specifies that these funds will be drawn from the Arkansas Biosciences Institute Program Account of the Tobacco Settlement Program Fund.

Additionally, the bill includes provisions that restrict the transfer of appropriations and outlines the conditions under which the state-supported institution may transfer funds between line items, requiring prior approval from relevant authorities. It also clarifies that the appropriations are contingent upon the availability of Tobacco Settlement funds and includes an emergency clause to ensure the act takes effect on July 1, 2025, to prevent disruption in operations. Notably, the bill modifies the effective dates from 2024 to 2025 in several sections, reflecting the updated fiscal timeline.