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AR SB382

Bill

Status

Passed

4/7/2025

Primary Sponsor

Steve Crowell

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Repeals Arkansas Code § 15-5-1110, eliminating the requirement for the Arkansas Development Finance Authority to submit annual financial reports on the Capital Access Fund

  • Removes the mandate to report on the financial condition and economic impact of the Arkansas Capital Access Program for Small Business and the Arkansas Credit Reserve Program

  • Eliminates the requirement to submit these reports to the Governor and Legislative Council

  • Sponsored by Senator Crowell and Representative Cavenaugh during the 95th General Assembly Regular Session, 2025

  • Approved on April 3, 2025 as Act 466

Legislative Description

To Repeal The Requirement That The Arkansas Development Finance Authority Submit A Report Concerning The Capital Access Fund.

Last Action

Notification that SB382 is now Act 466

4/7/2025

Committee Referrals

Revenue and Taxation3/13/2025
Revenue & Taxation3/5/2025

Full Bill Text

No bill text available