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AR SB633
Bill
Status
5/5/2025
Primary Sponsor
Joshua Bryant
Click for details
AI Summary
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Transfers $250 million immediately from the General Revenue Allotment Reserve Fund to the Correctional Facilities Set-Aside in the Restricted Reserve Fund for state prison construction
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Allocates up to $125 million from the Securities Reserve Fund to the Correctional Facilities Set-Aside on July 1, 2025 (or upon the Act's effective date)
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Allocates up to $45 million from the Securities Reserve Fund to the Correctional Facilities Set-Aside on July 1, 2026
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Requires the Department of Corrections to submit quarterly reports to the Arkansas Legislative Council or Joint Budget Committee on prison construction status, including costs, contracts, timelines, bed counts, and inmate programming plans
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Declares an emergency, making the Act effective immediately upon passage and approval to expedite funding for prison construction and operation
Legislative Description
To Provide Funding For The Correctional Facilities Set-aside; To Provide For The Transfer Of Funds From The Securities Reserve Fund; And To Declare An Emergency.
Last Action
Died in Senate Committee at Sine Die adjournment.
5/5/2025