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AR SB483
Bill
Status
4/19/2023
Primary Sponsor
Jonathan Dismang
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AI Summary
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Amends Arkansas Code § 4-88-1103(3)(B) to specify financial security requirements for net-metering facilities under the Customer Protections for Net-Metering Customers Act.
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Replaces previous language regarding bonds with a single $10,000 bond obtained under § 17-25-404.
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Requires commercial general liability insurance coverage with a minimum limit of $1,000,000.
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Requires an applicable contractor's license from the Contractors Licensing Board prior to conducting business.
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Declares an emergency effective upon Governor approval, finding that delays may disrupt residential and commercial construction projects and solar investment opportunities.
Legislative Description
To Amend Acts 2023, No. 278; To Amend The Law Regarding Bonds Or Acceptable Financial Security Under The Customer Protections For Net-metering Customers Act; And To Declare An Emergency.
Last Action
Notification that SB483 is now Act 476
4/19/2023