Loading chat...

AR HB1027

Bill

Official Source

Status

Failed

5/5/2025

Primary Sponsor

Denise Garner

Click for details

Origin

House of Representatives

95th General Assembly (2025 Regular)

AI Summary

  • Treasurer of State must transfer $100 from the General Revenue Fund Account of the State Apportionment Fund to each existing Arkansas Brighter Future Fund Plan account
  • Future accounts established for designated beneficiaries will also receive the one-time $100 contribution
  • Treasurer of State is responsible for administering the disbursement of funds under this program
  • Treasurer must verify eligibility of each existing and future account before distributing the contribution
  • Amends Arkansas Code Title 6, Chapter 84, Subchapter 1 by adding section 6-84-115

Legislative Description

To Create The Brighter Start Act Of 2025; And To Require The Treasurer Of State To Make A One-time Contribution To Each Existing And Future Arkansas Brighter Future Fund Plan Account.

Last Action

Died in House Committee at Sine Die adjournment.

5/5/2025

Committee Referrals

Education1/13/2025

Full Bill Text

No bill text available