AR HB1627

Amends Arkansas Code § 14-62-103(b) to clarify that a receiver appointed during municipal charter revocation shall continue collecting general revenue turnback funds, county and state taxes, and other revenues until a final dissolution order is entered.

Adds new section § 14-62-115 requiring the Legislative Joint Auditing Committee to require the Attorney General to appear for explanation if pleadings are not filed within 30 calendar days of receiving a charter revocation notification.

Grants the Legislative Joint Auditing Committee authority to issue and enforce subpoenas to compel the Attorney General's appearance under § 10-3-411.

Allows the Legislative Joint Auditing Committee to recommend measures to the Joint Budget Committee or other legislative committees to address failures by the Attorney General to file required pleadings.

Applies retroactively to all notifications received by the Attorney General under § 14-62-102 on or before the effective date and all subsequent notifications.