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, including various administrative and academic roles with specified salary rates. 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 regarding the transfer of appropriations, stating that transfers between line items can occur with the approval of 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, declaring the necessity for the act to take effect on July 1, 2025, to ensure the continued operation of the agency.