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ArkansasHB10222026 Fiscal SessionHouse

AN ACT FOR THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Sponsored By: Joint Budget Committee

Enacted

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Federal funding supports Arkansas housing programs

For July 1, 2026, through June 30, 2027, the Arkansas Development Finance Authority gets a $15 million operating appropriation. It supports the Federal Housing Program, not a specified payment to households. The state's chief fiscal officer designates the federal funds. Spending must stay within authorized amounts and available funds, serve the approved purposes, and follow state purchasing and fiscal rules.

Funding helps homeless Arkansans find shelter

For July 1, 2026, through June 30, 2027, the Arkansas Development Finance Authority gets $2.296487 million for Emergency Solutions Grants. The money supports outreach to homeless people and families, more and better emergency shelters, shelter services, and rapid rehousing. The state's chief fiscal officer designates the federal funds. Spending is limited to authorized amounts and available funds and must follow state fiscal rules. The law does not set individual grant amounts or guarantee household payments.

Arkansas finance agency gains staffing flexibility

Beginning July 1, 2026, the law sets a 55-position salary schedule for the Arkansas Development Finance Authority. Pay follows the listed job grades and the state's pay schedule. The director can make annual pay adjustments and run a merit program rewarding exceptional service. Pay can exceed salary maximums by up to 20% for no more than one-third of authorized positions. A separate 20-position pool allows added jobs with suitable titles and pay grades when existing positions cannot meet growth needs. The director determines that need and must explain it annually to the authority's board, the state's chief fiscal officer, and the Secretary of Shared Administrative Services.

Sponsors & Cosponsors

Sponsor

  • Joint Budget Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 128 • No: 2

Senate vote • 4/29/2026

Senate Vote - Wednesday, April 29, 2026 11:26:46 AM

Yes: 34 • No: 0

House vote • 4/28/2026

House Vote - Tuesday, April 28, 2026 2:02:15 PM

Yes: 94 • No: 2 • Other: 2

Actions Timeline

  1. Notification that HB1022 is now Act 159

    5/1/2026House

  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    4/29/2026House

  3. TO BE ENROLLED

    4/29/2026House

  4. Returned from the Senate as passed.

    4/29/2026House

  5. Returned to the House as Passed.

    4/29/2026Senate

  6. EMERGENCY CLAUSE ADOPTED

    4/29/2026Senate

  7. Read the third time and passed.

    4/29/2026Senate

  8. Read the first time, rules suspended, read the second time and placed on the calendar.

    4/28/2026Senate

  9. Received from the House.

    4/28/2026Senate

  10. EMERGENCY CLAUSE ADOPTED

    4/28/2026House

  11. Read the third time and passed and ordered transmitted to the Senate.

    4/28/2026House

  12. REPORTED CORRECTLY ENGROSSED

    4/27/2026House

  13. Amendment No. 1 read and adopted and the bill ordered engrossed.

    4/27/2026House

  14. Placed on second reading for the purpose of amendment.

    4/27/2026House

  15. Returned by the Committee with the recommendation that it do pass as amended 1

    4/23/2026House

  16. Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEE

    4/8/2026House

  17. Filed

    4/1/2026House

Bill Text

  • HB1022 - Introduced

    4/1/2026

    PDF

  • Act Version

    PDF

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