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AR SB296

Bill

Status

Passed

4/7/2017

Primary Sponsor

Joint Budget Committee

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Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Reduces State Insurance Department Trust Fund threshold from three fiscal year budgets to one fiscal year budget for general revenue classification purposes

  • Adds fines received by the State Board of Election Commissioners as general revenue under Arkansas Code § 19-6-201(73)

  • Adds driving monitoring program fees as special revenue under Arkansas Code § 19-6-301(255)

  • Modifies Health Department Technology Fund fee amounts by reducing contributions from various vehicle registration fees and updating statutory references

  • Creates two new special revenue fund accounts: Arkansas Department of Heritage Fund Account and Department of Parks and Tourism Fund Account, each receiving one-eighth of one percent excise tax revenue from Arkansas Constitution Amendment 75

  • Becomes effective July 1, 2017, with emergency clause declaring necessity to reflect current state revenues and appropriations made by the 91st General Assembly

Legislative Description

To Amend The Revenue Classification Law; And To Declare An Emergency.

Last Action

Notification that SB296 is now Act 1051

4/7/2017

Committee Referrals

Budget2/7/2017

Full Bill Text

No bill text available