The bill proposes the reappropriation of capital improvement funds for various institutions of higher education in Arkansas, effective July 1, 2025. It allocates significant amounts to Arkansas State University, Arkansas Tech University, Henderson State University, Southern Arkansas University, the University of Arkansas for Medical Sciences, and the University of Arkansas for various projects including construction, renovation, maintenance, and critical and deferred maintenance. Notable allocations include $900,000 for renovations at the Arkansas School for Mathematics, Sciences, and the Arts (ASMSA) and $6,522,500 for construction and renovation at the University of Arkansas at Fort Smith. The total appropriations reflect a commitment to enhancing educational facilities and ensuring accessibility.

Additionally, the bill addresses the acquisition, management, and preservation of state-owned lands and historic sites, with specific funding amounts allocated for these purposes. It outlines compliance requirements for the disbursement of funds, emphasizing adherence to state regulations and the intent of the General Assembly. An emergency clause is included to ensure the act takes effect on the specified date, highlighting the constitutional limitation on fund appropriations to one year and the potential harm of any delays.