Bill > HB1508

Here is a summary of the bill: This bill is a comprehensive recodification of Title 19 of the Arkansas Code concerning public finance. The bill aims to reorganize and technically update the existing statutes related to state financial management without making substantive changes to the law. Key provisions include: establishing a process for recodifying Title 19 with input from various state agencies and the Arkansas Bar Association, repealing most of the existing Title 19 while preserving certain specific sections like the Tobacco Settlement Proceeds Act, and making technical corrections to ensure the recodified statutes are clear and consistent. The Arkansas Code Revision Commission oversaw the draft recodification, which was reviewed by a working group of state agencies, constitutional officers, and the Arkansas Bar Association from October 2023 to August 2024. The bill emphasizes that the changes are intended to be purely technical in nature and not to alter the substantive meaning of existing laws. The recodification will help improve the organization and readability of Arkansas' public finance statutes while maintaining the original legislative intent.

Budget and Finance, Justice

https://arkleg.state.ar.us/Bills/Detail?id=hb1508&ddBienniumSession=2025%2F2025R