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AR HB1807

Bill

Status

Passed

4/7/2015

Primary Sponsor

Charlotte Douglas

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Origin

House of Representatives

90th General Assembly (2015 Regular)

AI Summary

  • Adds cybersecurity risk insurance premiums and expenses as a permitted use of funds from the Arkansas Multi-Agency Insurance Trust Fund.

  • Removes the "Effective July 1, 2003" language from participation requirements, making the list of participating agencies ongoing rather than date-specific.

  • Changes the approval authority for additional state agencies to participate in the trust fund from "risk manager" to "State Risk Manager".

  • Declares an emergency due to cyber incidents including data breaches, business interruption, and network damage posing threats to state government operations.

  • Makes the act effective upon gubernatorial approval, expiration of the veto period, or override of a gubernatorial veto.

Legislative Description

To Amend The Arkansas Multi-agency Insurance Trust Fund Act; To Provide For Information Technology Threat Mitigation; To Allow For Assessing And Insuring Risk Concerning Cybersecurity; And To Declare An Emergency.

Last Action

Notification that HB1807 is now Act 1188

4/7/2015

Committee Referrals

Insurance and Commerce3/27/2015
Insurance & Commerce3/24/2015
Insurance and Commerce3/17/2015

Full Bill Text

No bill text available