Loading chat...
AR SB427
Bill
Status
Passed
3/21/2017
Primary Sponsor
Jimmy Hickey
Click for details
AI Summary
- Amends Arkansas Code § 6-84-105 to add new subsections (d) and (e) regarding the Section 529 Plan Review Committee's powers and authority
- Requires the Treasurer of State to provide office space, staff, and materials for the committee
- Authorizes individual committee members to expend appropriated funds for office space, staffing, materials, marketing, education, financial literacy programs, and outreach measures to benefit the Arkansas Tax-Deferred Tuition Savings Program
- Declares an emergency clause, stating the amendments clarify ambiguities in law necessary for efficient operation of the program and effective use of state resources
- Bill becomes effective upon Governor approval, expiration of veto period, or veto override; approved by Governor on March 21, 2017
Legislative Description
To Amend The Powers And Authority Of The Section 529 Plan Review Committee And The Individual Members Of The Committee; And To Declare An Emergency.
Last Action
Notification that SB427 is now Act 547
3/21/2017
Committee Referrals
Education3/2/2017
Education2/22/2017
Full Bill Text
No bill text available