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AR SB145

AR SB145
To Amend Arkansas Law Concerning The Allocation Of Funds Resulting From Litigation Involving The Use Of Funds From The General Improvement Fund Or Its Successor Fund Or Fund Accounts.


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
Passed
Dead
05/05/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO AMEND ARKANSAS LAW CONCERNING THE ALLOCATION OF FUNDS RESULTING FROM LITIGATION INVOLVING THE USE OF FUNDS FROM THE GENERAL IMPROVEMENT FUND OR ITS SUCCESSOR FUND OR FUND ACCOUNTS; AND FOR OTHER PURPOSES.

AI Summary

This bill amends Arkansas law regarding how settlement funds are handled by the Attorney General's office, with a specific focus on settlements related to the General Improvement Fund (GIF). The bill maintains existing requirements for the Attorney General to create accounts for settlement funds and provide quarterly reports to legislative committees, detailing case information, funds received, and disbursement plans. The key change is the addition of a new subsection (d) that specifically addresses settlements involving the GIF or its successor funds. When such settlements occur, the funds must now be deposited into the State Treasury and exclusively used by the Division of Arkansas State Police for two primary purposes: crime reduction and prevention programs, and providing assistance to the Division of Community Correction for probation, parole, and post-release supervision services. This modification ensures that settlement funds from GIF-related litigation are directed towards specific public safety and criminal justice initiatives, rather than being distributed through the previous more general allocation methods.

Committee Categories

Justice

Sponsors (1)

Last Action

Died in Senate Committee at Sine Die adjournment. (on 05/05/2025)

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