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AR SB148

Bill

Status

Passed

4/14/2025

Primary Sponsor

Jane English

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Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Early childhood workers at licensed childcare facilities may voluntarily participate in the Arkansas Teacher Retirement System through a board-approved nonprofit fiscal agent acting as a pass-through

  • Eligible workers must be employed by childcare providers that are licensed by the Department of Education and receive state or federal childcare funding under § 6-87-101

  • Participation is entirely voluntary and not mandatory for any employee, even if the Board of Trustees authorizes facility participation

  • Early childhood workers are explicitly prohibited from receiving any state fund contributions or matching funds from the state or the retirement system

  • The Board of Trustees of the Arkansas Teacher Retirement System is required to promulgate rules for implementation

Legislative Description

To Establish The Creating An Investment Opportunity For Early Childhood Workers Act Of 2025.

Last Action

Notification that SB148 is now Act 587

4/14/2025

Committee Referrals

Public Retirement & Social Security Programs1/30/2025

Full Bill Text

No bill text available