ArkansasHB10952025 Regular SessionHouse

AN ACT FOR THE DEPARTMENT OF COMMERCE - STATE BANK DEPARTMENT AND STATE SECURITIES DEPARTMENT 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.

Arkansas funds investor education and grants

The law provides $316,000 from the Investor Education Fund for State Securities Department activities. The funding covers July 1, 2025, through June 30, 2026, including $250,000 for grants and aid. It also provides $36,000 for operating costs, $10,000 for conferences and travel, and $20,000 for promotional items. The law does not set individual grant amounts or eligibility rules, and spending must follow existing fiscal controls.

Arkansas funds securities oversight and refunds

The law provides about $4.48 million from the Securities Department Fund for Arkansas securities oversight, including $20,000 for examination travel. It allows up to 41 regular employees, with set job classifications and salary grades, plus three extra-help workers. A separate $50,000 from cash funds pays for department refunds and reimbursements, without setting individual eligibility rules or payment amounts. Both budgets cover July 1, 2025, through June 30, 2026. Spending must follow existing laws and fiscal controls.

Funding keeps Arkansas bank oversight running

The law provides about $14.77 million from the Bank Department Fund for Arkansas State Bank Department operations. The funding covers July 1, 2025, through June 30, 2026. It allows up to 92 regular employees, with set job classifications and salary grades, plus four extra-help workers. The money covers payroll, employee benefits, operating costs, travel, professional services, and equipment. Spending must follow existing laws and fiscal controls; this funding does not provide direct household payments.

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 HB1095 is now Act 539

    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. REPORTED CORRECTLY ENGROSSED

    3/18/2025House
  16. Amendment No. 1 read and adopted and the bill ordered engrossed.

    3/18/2025House
  17. Placed on second reading for the purpose of amendment.

    3/18/2025House
  18. Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEE

    1/13/2025House
  19. Filed

    1/13/2025House

Bill Text

  • HB1095 - Introduced

    1/13/2025

  • Act Version

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