Loading chat...

AR SB348

Bill

Official Source

Status

Passed

3/7/2017

Primary Sponsor

Jimmy Hickey

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Amends Arkansas Code § 10-4-427(b) regarding claims against sureties and payment procedures
  • Surety payments for losses are forwarded directly to the appropriate entity rather than through the Legislative Auditor
  • Entities receiving surety payments must credit the amounts to the accounts entitled to receive the funds
  • Removes the requirement for the Legislative Auditor to transmit payments to local taxing unit treasurers
  • Approved March 6, 2017

Legislative Description

To Amend Arkansas Law Pertaining To The Duties And Operations Of Arkansas Legislative Audit.

Last Action

Notification that SB348 is now Act 391

3/7/2017

Committee Referrals

State Agencies and Governmental Affairs2/21/2017
State Agencies & Governmental Affairs2/14/2017

Full Bill Text

No bill text available