Authorization of appropriations

(a) Discretionary appropriations (1) In general There is authorized to be appropriated not less than $27,000,000 for each fiscal year to carry out this Act. (2) Trust fund (A) Initial contribution There is authorized to be appropriated $5,000,000 for the initial capital contribution of the University to the trust fund under section 20(a)(2)(A)(i)(I)(aa) for fiscal year 2026. (B) Successive contributions There is authorized to be appropriated not less than $5,000,000 to carry out section 20(a)(2)(B). (b) Availability of funds (1) In general For the purpose of affording adequate notice of funding available under this Act, amounts appropriated in an appropriation Act for any fiscal year to carry out this Act shall— (A) become available for obligation on June 1 of that fiscal year; and (B) remain available until September 30 of the succeeding fiscal year. (2) Transition To effect a transition to the forward funding method of timing appropriation action described in paragraph (1), there are authorized to be appropriated, in an appropriation Act or Acts for the same fiscal year, 2 separate appropriations to carry out this Act. (c) Sense of congress It is the sense of Congress that the University should receive, on an annual basis, such increases in appropriations as are necessary to ensure that the University is able to provide a high-quality educational experience in a safe, secure, and comfortable campus environment.