HB 1372 Summary

• Reappropriates balances of capital improvement appropriations from Act 95 of 2022 to 28 Arkansas higher education institutions and programs, effective July 1, 2023, using funds from the Development and Enhancement Fund.

• Allocates funds for construction and renovation projects including science buildings, academic centers, health science facilities, and classroom buildings across community colleges, technical colleges, and university branches.

• Provides funding for critical and deferred maintenance, technology infrastructure upgrades, equipment replacement, and library holdings improvements at each institution.

• Reappropriates balances from Act 196 of 2022 for historic site preservation and restoration projects at four institutions using the Arkansas Natural and Cultural Resources Grant and Trust Fund.

• Establishes disbursement controls requiring compliance with state purchasing and accounting laws, and declares an emergency effective date of July 1, 2023 to ensure continued operations of higher education institutions.