HB1372

House Bill 1372 authorizes the reappropriation of remaining capital improvement funds for various institutions of higher education in Arkansas. The bill extends the availability of previously approved appropriations from the 2022 legislative session into the 2023 fiscal year. These funds are designated for specific capital projects, including the construction of new buildings, renovations, deferred maintenance, information technology infrastructure upgrades, and the replacement of equipment or library holdings. The legislation details specific funding caps for each participating college or university campus. It does not authorize new tax spending but rather ensures that existing, unspent appropriations remain accessible for their intended purposes. The bill covers a variety of institutions, including Arkansas Northeastern College, several campuses within the Arkansas State University system, and Black River Technical College.