SB 597 Summary

• Repeals Arkansas Code § 19-5-304(8)(A) regarding the Crowley's Ridge Technical Institute Fund Account revenue provisions

• Repeals Arkansas Code § 19-5-1075 establishing the Small City Street Fund and related provisions

• Repeals Arkansas Code § 19-5-1210 (Arkansas Transitional Employment Fund), § 19-5-1216 (Arkansas Purchasing Card Services Program Fund), § 19-5-1218 (Energy Management Paying Fund), and § 19-5-1233 (Arkansas Technology Infrastructure Fund)

• Amends Arkansas Code § 19-5-401 and § 19-5-402 to establish maximum allocations of general revenues to various state funds and accounts for fiscal year 2019-2020 and thereafter, totaling $5,598,008,149 in base allocations with additional allocations for the Rainy Day Fund ($15,877,476) and Arkansas Medicaid Program Trust Fund ($5,909,000)

• Declares an emergency effective July 1, 2019, requiring the changes to take effect at the beginning of the fiscal year