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AR HB1833

Bill

Status

Passed

4/13/2023

Primary Sponsor

Lane Jean

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Repeals the Higher Education Institutions Performance Fund and the Riverside Vocational Technical School Fund Account as obsolete provisions under Arkansas Code Title 19, Chapter 5.

  • Repeals the School-Age Children Eye and Vision Care Fund, transferring any remaining funds to the Division of Elementary and Secondary Education Public School Fund Account for school-based health centers.

  • Establishes revenue allocation percentages for fiscal year 2023-2024 and thereafter, with Allocation A distributing up to $6,009,462,852 across education, human services, government, and higher education funds.

  • Establishes Allocation B distributing up to $192,648,539 in remaining general revenues to supplemental accounts for education, corrections, military, and higher education institutions.

  • Declares an emergency effective July 1, 2023, to ensure fiscal law changes take effect at the beginning of the fiscal year.

Legislative Description

To Amend The Revenue Stabilization Law; And To Declare An Emergency.

Last Action

Notification that HB1833 is now Act 853

4/13/2023

Committee Referrals

Budget4/3/2023

Full Bill Text

No bill text available