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AR SB52

Bill

Status

Passed

4/21/2025

Primary Sponsor

Joint Budget Committee

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Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Appropriates $3,193,343 from the State Central Services Fund for Auditor of State Operations, including $1,753,495 for regular salaries supporting a maximum of 20 employees and $30,000 for extra help (up to 5 part-time/temporary workers)

  • Appropriates $3,985,089 from the State Central Services Fund for the Unclaimed Property Program, supporting a maximum of 10 employees with $783,635 in regular salaries and $1,120,000 for professional fees

  • Allocates $35,002,500 from cash funds for payment of unclaimed property claims and $2,500,500 for payment of abandoned mineral proceeds claims

  • Authorizes the Auditor of State to transfer appropriations between line items within Operations or within the Unclaimed Property Program with approval from the Chief Fiscal Officer and review by the Legislative Council or Joint Budget Committee

  • Requires the Internal Auditor position to hold active certification as a Certified Internal Auditor or a Certified Public Accountant license in good standing in Arkansas

Legislative Description

An Act For The Auditor Of State - Operations And Unclaimed Property Program Appropriation For The 2025-2026 Fiscal Year.

Last Action

Notification that SB52 is now Act 894

4/21/2025

Committee Referrals

Budget1/14/2025

Full Bill Text

No bill text available