Actions taken on higher education by the 1985 Arkansas General Assembly and the First Extraordinary Session are summarized. Successful and unsuccessful legislation are identified, and the appropriation and funding process for each institution is shown in chart form. The general revenue appropriations for higher education for the 1985-1987 biennium are also summarized. The following tables are included: institutional requests and State Board of Higher Education recommendations, legislative appropriations, allocations in the Revenue Stabilization Act, 1985-86 funding estimates, and allocations of the promotion grants fund. Historical trends for higher education funding compared to state support of other agencies are also covered, along with actual general revenue distributed to public higher education for the last three biennia. Maximum authorized salary levels for selected key college positions are also listed. State recommendations for general improvement fund projects (e..g, maintenance, libraries, and instructional equipment) are also considered, along with the resulting Revenue Stabilization Act. Legislation and resolutions adopted in 1985 are listed and briefly described, and specific actions taken by the state senate and house on each bill are documented. (SW)