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AR HB1056
Bill
Status
4/25/2024
Primary Sponsor
Joint Budget Committee
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AI Summary
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Establishes maximum of 555 regular employees for Henderson State University for fiscal year 2024-2025 with specified salary ranges by position, including administrative, academic, and auxiliary enterprise staff.
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Authorizes up to 500 additional part-time or temporary employees ("Extra Help") payable at rates not exceeding those in the Uniform Classification and Compensation Act.
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Appropriates $22,640,844 from state operations funds, including $11,000,000 for regular salaries, $3,000,000 for personal services matching, and $7,913,927 for maintenance and general operations.
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Appropriates $79,300,000 from cash funds for regular salaries ($15,000,000), extra help ($2,000,000), and capital improvements/debt service ($30,000,000).
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Requires Henderson State University to repay a 2020 Budget Stabilization Trust Fund loan through six annual payments of $958,333.33 each, beginning December 1, 2024, with provisions for modification by the Legislative Council or Joint Budget Committee.
Legislative Description
An Act For The Henderson State University Appropriation For The 2024-2025 Fiscal Year.
Last Action
Notification that HB1056 is now Act 71
4/25/2024