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AR SB367

Bill

Status

Passed

3/11/2019

Primary Sponsor

Jason Rapert

Click for details

Origin

Senate

92nd General Assembly (2019 Regular)

AI Summary

  • Amends Arkansas Code § 19-3-606(a) to correct references regarding the Treasurer of State's authority to loan securities when collateralized by at least 102% of the security's full market value.

  • Amends Arkansas Code § 19-4-1601 to reconcile the Regular Salary Procedures and Restrictions Act with § 21-5-101 and clarifies language regarding employee compensation limits, salary increases, and allowances.

  • Amends Arkansas Code § 19-5-1096(a) to update references to the Arkansas Real Property Reappraisal Fund and consolidates duplicate statutory provisions.

  • Repeals Arkansas Code § 19-5-1141 (Health Care Independence Program Trust Fund) because the fund expired January 1, 2017, and repeals § 19-5-1207 because the Arkansas Real Property Reappraisal Fund is duplicatively codified.

  • Amends Arkansas Code § 19-5-1210(b) to replace reference to the abolished Temporary Assistance for Needy Families Oversight Board with the Arkansas Workforce Development Board and corrects a reference in § 19-5-1250(c) regarding the Open Enrollment Public Charter School Capital Grant Program Fund.

Legislative Description

To Make Technical Corrections To Title 19 Of The Arkansas Code Concerning Public Finance.

Last Action

Notification that SB367 is now Act 388

3/11/2019

Committee Referrals

Judiciary2/27/2019
Insurance & Commerce2/18/2019

Full Bill Text

No bill text available