ArkansasHB12662025 Regular SessionHouseWALLET

AN ACT FOR THE HENDERSON STATE UNIVERSITY APPROPRIATION FOR THE 2025-2026 FISCAL YEAR.

Sponsored By: Joint Budget Committee

Enacted

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Henderson State gets yearly operating funds

For July 1, 2025, through June 30, 2026, the law authorizes Henderson State University to spend two funding pools. State funding totals $22.910355 million: $11 million for salaries, $3 million for related staff costs, and $7.098256 million for operations. It also includes $40,000 for temporary help, $400,000 for equipment and other capital purchases, and $200,000 for depreciation. Another $85,186 supports the Community Education Center, with $1.086913 million set aside for unexpected needs. Cash-fund spending totals $79.3 million, including $15 million for salaries, $2 million for temporary help, and $100,000 for overtime. It includes $3 million for related staff costs, $19.8 million for operations, and $1 million for conferences and travel. Another $3 million each covers professional services and capital purchases, plus $20 million for capital improvements. The cash budget also includes $10 million for debt payments and $2 million for fund transfers, refunds, and investments. Depreciation and promotional items each get $200,000. Spending cannot exceed these limits or available lawful funds, and must follow state purchasing, accounting, salary, and budget rules.

Henderson State must repay stabilization loan

Beginning July 1, 2025, Henderson State must repay its 2020 Budget Stabilization Trust Fund loan in six $958,333.33 payments. Payments are due each December 1 from 2025 through 2030 and can come from any lawful university funds. The university must report the loan's status annually by June 30 to the Legislative Council or Joint Budget Committee. After reviewing the loan, the Legislative Council—or the Joint Budget Committee during legislative sessions—can change payment amounts or timing. This repayment rule ends after the final payment.

Henderson State hiring and pay limits

From July 1, 2025, through June 30, 2026, Henderson State can employ up to 555 regular workers. The law sets salary limits by position, including $322,307 for the chancellor and $215,850 for the vice chancellor. It also allows up to 500 temporary or part-time workers when needed. Their pay must use money set aside for that purpose and stay within applicable state or act-listed pay rates. These authorizations do not guarantee anyone a job or a specific salary.

Sponsors & Cosponsors

Sponsor

  • Joint Budget Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 131 • No: 0

Senate vote • 2/6/2025

Senate Vote - Thursday, February 6, 2025 11:59:42 AM

Yes: 32 • No: 0

House vote • 2/5/2025

House Vote - Wednesday, February 5, 2025 2:03:15 PM

Yes: 99 • No: 0

Actions Timeline

  1. Notification that HB1266 is now Act 47

    2/11/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    2/6/2025House
  3. TO BE ENROLLED

    2/6/2025House
  4. Returned from the Senate as passed.

    2/6/2025House
  5. Returned to the House as Passed.

    2/6/2025Senate
  6. EMERGENCY CLAUSE ADOPTED

    2/6/2025Senate
  7. Read the third time and passed.

    2/6/2025Senate
  8. Read the first time, rules suspended, read the second time and placed on the calendar.

    2/5/2025Senate
  9. Received from the House.

    2/5/2025Senate
  10. EMERGENCY CLAUSE ADOPTED

    2/5/2025House
  11. Read the third time and passed and ordered transmitted to the Senate.

    2/5/2025House
  12. Considered in the Committee of the Whole, and recommended do pass.

    2/5/2025House
  13. RULES SUSPENDED

    2/5/2025House
  14. Returned by the Committee Do Pass

    2/4/2025House
  15. Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEE

    1/27/2025House
  16. Filed

    1/27/2025House

Bill Text

  • HB1266 - Introduced

    1/27/2025

  • Act Version

Related Bills

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