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AR HB1359
Bill
Status
2/25/2025
Primary Sponsor
Jimmie Gazaway
Click for details
AI Summary
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Removes obsolete references to the Arkansas Comprehensive Health Insurance Pool from exemptions to cash fund expenditure laws in § 19-4-803(c)
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Deletes language regarding the State Insurance Department Trust Fund's use for defraying administrative expenses and losses of the Arkansas Comprehensive Health Insurance Pool in § 19-5-922(b)(2)
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Retains exemptions for the Arkansas Property and Casualty Insurance Guaranty Fund and the Arkansas Life and Health Insurance Guaranty Association from cash fund expenditure requirements
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Specifies the act makes only technical, not substantive, changes to Arkansas Code and shall not repeal other acts passed during the 95th General Assembly
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Approved on February 25, 2025
Legislative Description
To Make Technical Corrections To Title 19 Of The Arkansas Code Concerning Public Finance.
Last Action
Notification that HB1359 is now Act 175
2/25/2025