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, 2026. It establishes a maximum number of regular employees, totaling 43 positions, with specified salary rates for various roles, including administrative, research, and skilled trades positions. The total amount appropriated for the fiscal year is $5,643,838, which includes allocations for regular salaries, extra help, personal services matching, and maintenance and general operations.
Additionally, the bill includes provisions that restrict the transfer of appropriations and outlines the conditions under which the Arkansas State University may transfer funds between line items. It emphasizes that state funds will not replace Tobacco Settlement funds if they become insufficient, and it mandates that disclosures regarding funding commitments be made available to employees. An emergency clause is also included, stating that the act is essential for the operation of the agency and will take effect on July 1, 2025.