Governor Beshear will sign a bill Thursday that means renovations to Commonwealth Stadium.
The bill passed Wednesday by both the State House and Senate is broader than that.
It allows six state universities in Kentucky to issue their own bonds, allowing them to spend money on construction without general fund tax dollars being spent.
For UK it will mean $110 million on improvements to Commonwealth Stadium.
It also means a $65 million expansion to the Gatton College of Business and Economics at UK, and $100 million for a UK Science and Academic Building.
Some of that money is from UK Athletics.