AN ACT relating to the endowed research fund, making an appropriation therefor, and declaring an emergency.

Summary

The Senate passed a bill that moves $150 million from the state General Fund for fiscal year 2026‑27 into the endowed research fund. The money will be split evenly among the five consortium accounts created by law, and any unused balance will roll over to the next year. The act declares an emergency so it takes effect as soon as the Governor signs it.

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