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AR SR1

Resolution

Official Source

Status

Passed

4/14/2016

Primary Sponsor

Larry Teague

Click for details

Origin

Senate

90th General Assembly (2016 Fiscal)

AI Summary

  • Authorizes Representative Jean to introduce a bill amending the Arkansas Revenue Stabilization Law
  • Amends Arkansas Code § 19-5-302(9)(B) to add civil penalties paid or recovered under § 2-24-108(d)(2) as revenues for the Miscellaneous Agencies Fund Account
  • Declares an emergency clause requiring the act to take effect on July 1, 2016, to ensure fiscal law changes are effective at the beginning of the fiscal year
  • Specifies that changes must take effect before the ninety-day legislative session period ends after July 1, 2016, to remain timely

Legislative Description

To Authorize The Introduction Of A Nonappropriation Bill To Amend The Revenue Stabilization Law.

Last Action

EMERGENCY CLAUSE ADOPTED

4/14/2016

Full Bill Text

No bill text available