SB62

Senate Bill 62 proposes the reappropriation of remaining balances from previously authorized capital improvement appropriations for various Arkansas institutions of higher education. The bill authorizes these funds to be carried over into the fiscal year beginning July 1, 2026. The reappropriations are allocated to specific institutions, including Arkansas State University, Arkansas Tech University, Henderson State University, Southern Arkansas University, the University of Arkansas for Medical Sciences, and the University of Arkansas. Funding is designated for purposes such as construction of new facilities, deferred maintenance, utility and technology upgrades, equipment and library holdings, and the preservation of historic sites. This legislation essentially ensures that previously approved state budget authorizations for campus infrastructure remain available for use after the original fiscal period ends.