Bill > SB633

This bill addresses funding for correctional facilities in Arkansas through several key provisions. The legislation modifies the Securities Reserve Fund to transfer specific amounts to the Correctional Facilities Set-Aside in the Restricted Reserve Fund: $125 million on July 1, 2025, and $45 million on July 1, 2026, with any remaining balances to be transferred to the General Revenue Allotment Reserve Fund. Additionally, the bill mandates an immediate transfer of $250 million from the General Revenue Allotment Reserve Fund to the Correctional Facilities Set-Aside. The Department of Corrections is required to provide quarterly reports to the Arkansas Legislative Council or Joint Budget Committee detailing prison construction activities, including cost summaries, design details, contract information, timelines, bed capacity, and inmate programming plans. The bill also establishes audit and transfer conditions, ensuring that funds can only be transferred after meeting specific criteria and that recipients are subject to legislative audit. An emergency clause is included, emphasizing the immediate necessity of the act for addressing state prison funding and construction needs, with the bill taking effect upon passage and approval.

Budget and Finance

https://arkleg.state.ar.us/Bills/Detail?id=sb633&ddBienniumSession=2025%2F2025R