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ArkansasHB10902025 Regular SessionHouse

AN ACT FOR THE DEPARTMENT OF COMMERCE - ARKANSAS DEVELOPMENT FINANCE AUTHORITY APPROPRIATION FOR THE 2025-2026 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.

Funding for Arkansas homelessness services

The law provides about $2.30 million in federal grants for homelessness services from July 1, 2025, through June 30, 2026. The money supports outreach, emergency shelter improvements, essential shelter services, and rapid rehousing for homeless people and families. Arkansas’s Chief Fiscal Officer designates the federal funds. The law does not set individual award amounts or detailed eligibility rules.

Funding for Arkansas housing and operations

For July 1, 2025–June 30, 2026, the Arkansas Development Finance Authority receives about $25.61 million in cash-fund spending authority. This covers agency operations, about $16.34 million for the HOME housing program, and $3.4 million for federal housing programs. A separate $15 million in federal funds supports the National Housing Trust Fund’s Federal Housing Program. The law allows up to 55 regular employees and five temporary or part-time workers, with pay limits. Spending must follow state purchasing, budget, and salary laws and the purposes recorded in state budget documents. These appropriations do not set household eligibility or individual housing benefit amounts.

Funding to run Arkansas student loan programs

The law authorizes about $2.31 million in cash-fund spending for Arkansas’s Student Loan Authority Division. The funding runs from July 1, 2025, through June 30, 2026. It pays for staff and operations, including about $1.67 million for professional fees. It does not change student loan eligibility, loan terms, or borrower balances.

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: 1

Senate vote • 4/7/2025

Senate Vote - Monday, April 7, 2025 4:08:28 PM

Yes: 35 • No: 0

House vote • 4/3/2025

House Vote - Thursday, April 3, 2025 4:18:09 PM

Yes: 93 • No: 1 • Other: 1

Actions Timeline

  1. Notification that HB1090 is now Act 537

    4/10/2025House

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

    4/8/2025House

  3. TO BE ENROLLED

    4/7/2025House

  4. Returned from the Senate as passed.

    4/7/2025House

  5. Returned to the House as Passed.

    4/7/2025Senate

  6. EMERGENCY CLAUSE ADOPTED

    4/7/2025Senate

  7. Read the third time and passed.

    4/7/2025Senate

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

    4/3/2025Senate

  9. Received from the House.

    4/3/2025Senate

  10. EMERGENCY CLAUSE ADOPTED

    4/3/2025House

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

    4/3/2025House

  12. Considered in the Committee of the Whole, and recommended do pass.

    4/3/2025House

  13. RULES SUSPENDED

    4/3/2025House

  14. Returned by the Committee Do Pass

    4/2/2025House

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

    1/13/2025House

  16. Filed

    1/13/2025House

Bill Text

  • HB1090 - Introduced

    1/13/2025

    PDF

  • Act Version

    PDF

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