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AR SB25

Bill

Official Source

Status

Passed

4/14/2025

Primary Sponsor

Joint Budget Committee

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Appropriates $15,426,841 from the State Insurance Department Trust Fund for operations, including $8,183,021 for regular salaries supporting a maximum of 188 employees
  • Allocates $75,000,000 from the Arkansas Multi-Agency Insurance Trust Fund and $50,000,000 from the Public School Insurance Trust Fund for expenses and claims
  • Provides $15,500,000 for state employee workers' compensation claims, plus $400,000 each for public school and city employee claims, and $200,000 for county employee claims
  • Appropriates $10,000,000 for the Arkansas Self-Funded Cyber Response Program and $3,200,000 for the Arkansas Healthcare Transparency Initiative Database
  • Funds specialized programs including $1,641,563 for Insurance Fraud Investigation Division, $1,319,945 for Health Information Counseling (federal funds), and $250,000 for Firefighter Cancer Relief

Legislative Description

An Act For The Department Of Commerce - State Insurance Department Appropriation For The 2025-2026 Fiscal Year.

Last Action

Notification that SB25 is now Act 607

4/14/2025

Committee Referrals

Budget1/13/2025

Full Bill Text

No bill text available