SB329 Summary

• Reappropriates unexpended capital improvement appropriation balances from Act 203 of 2018 and Act 217 of 2018 to Arkansas higher education institutions, effective July 1, 2019.

• Distributes funds across 11 university systems for construction, renovation, maintenance, equipment purchases, and technology upgrades at projects including engineering buildings, science centers, and campus infrastructure improvements.

• Total appropriations exceed $100 million, with major allocations to University of Arkansas ($43+ million), UAMS ($21+ million), Arkansas Tech ($12+ million), and other state universities.

• Requires institutions to comply with state purchasing laws, accounting procedures, and revenue stabilization requirements when disbursing funds.

• Declares an emergency effective July 1, 2019 to allow immediate funding of essential higher education capital projects and facility improvements.