(a) The Arkansas Higher Education Coordinating Board shall designate Arkansas State University Three Rivers as a technical college, which shall become part of the Arkansas Technical and Community College System under the coordination of the board.
(b) Arkansas State University Three Rivers may expand to offer courses of instruction in technical, vocational, and adult education programs and college transfer programs and may, upon a vote of the electorate, create a community college district and, if necessary, impose a millage to convert Arkansas State University Three Rivers into a community college.