Appropriates $150 million to the endowed research fund for fiscal year 2026-2027.

The bill allocates $150 million from the General Fund to the endowed research fund for fiscal year 2026-2027. The funds will be distributed evenly across five consortium accounts. The bill also declares an emergency, ensuring that any unspent money in the fund at the end of the fiscal year will be carried forward to the next year. This measure aims to foster research excellence, attract renowned faculty, and improve economic opportunities for Kentucky citizens.

Appropriates $150 million to the endowed research fund for fiscal year 2026-2027.

The bill allocates $150 million from the General Fund to the endowed research fund for fiscal year 2026-2027. The funds will be distributed evenly across five consortium accounts. The bill also declares an emergency, ensuring that any unspent money in the fund at the end of the fiscal year will be carried forward to the next year. This measure aims to foster research excellence, attract renowned faculty, and improve economic opportunities for Kentucky citizens.