Loading chat...
AR HB1322
Bill
Status
2/21/2023
Primary Sponsor
Frances Cavenaugh
Click for details
AI Summary
-
The Secretary of the Department of Health shall reduce one or more regulatory fees or charges when a board or commission accumulates a fund balance at least 3 times greater than annual average operating expenses, with reductions capped at 95% of the required fee amount.
-
Reducible fees include license fees, examination fees, assessment rates, renewal fees, application fees, certification fees, inspection fees, permit fees, and other authorized collections, but penalties and fines remain unchanged.
-
The Secretary must submit written notice to the Chief Fiscal Officer and affected persons specifying which fees are reduced, reduction amounts (rounded to nearest whole dollar), effective dates (not exceeding 1 year or 1 collection cycle), and projected return dates to required amounts.
-
Reductions may be terminated if the fund balance would fall below 3 times annual operating expenses, requiring approval from the Legislative Council or Joint Budget Committee; boards may then collect all or portion of forgone fees with approval.
-
The Secretary shall report to the Legislative Council during presession budget hearings on current fund balances, average expenditures for the preceding 3 fiscal years, any reductions implemented, and reasons for declining reductions when eligible; the act becomes effective July 1, 2023.
Legislative Description
To Amend Arkansas Law Concerning The Reduction Of Certain Regulatory Fees And Charges; And To Declare An Emergency.
Last Action
Notification that HB1322 is now Act 114
2/21/2023