ArkansasHB11132025 Regular SessionHouse

AN ACT FOR THE OFFICE OF THE TREASURER OF STATE - GENERAL OBLIGATION BONDS APPROPRIATION FOR THE 2025-2026 FISCAL YEAR.

Sponsored By: Joint Budget Committee

Enacted

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Arkansas funds education and water bonds

For July 1, 2025, through June 30, 2026, the law authorizes $85 million for Arkansas bond payments and related refunds. The College Savings Bond Fund provides $32 million for college savings and higher education bond payments, plus $10 million for refunds and reimbursements. The Water, Waste Disposal and Pollution Abatement Facilities Bond Fund provides $28 million for bond payments, plus $15 million for refunds and reimbursements. During that year, the Treasurer can shift refund and reimbursement allocations to bond payments when appropriations cannot cover bonds coming due and interest. This adds no funding or direct household benefit. Spending must stay within authorized amounts and available funds, follow state fiscal and purchasing rules, and serve the law’s stated purposes.

Sponsors & Cosponsors

Sponsor

  • Joint Budget Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 133 • No: 0

Senate vote • 1/23/2025

Senate Vote - Thursday, January 23, 2025 11:23:47 AM

Yes: 33 • No: 0

House vote • 1/22/2025

House Vote - Wednesday, January 22, 2025 1:52:07 PM

Yes: 100 • No: 0

Actions Timeline

  1. Notification that HB1113 is now Act 8

    1/27/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    1/23/2025House
  3. TO BE ENROLLED

    1/23/2025House
  4. Returned from the Senate as passed.

    1/23/2025House
  5. Returned to the House as Passed.

    1/23/2025Senate
  6. EMERGENCY CLAUSE ADOPTED

    1/23/2025Senate
  7. Read the third time and passed.

    1/23/2025Senate
  8. Read the first time, rules suspended, read the second time and placed on the calendar.

    1/22/2025Senate
  9. Received from the House.

    1/22/2025Senate
  10. EMERGENCY CLAUSE ADOPTED

    1/22/2025House
  11. Read the third time and passed and ordered transmitted to the Senate.

    1/22/2025House
  12. Considered in the Committee of the Whole, and recommended do pass.

    1/22/2025House
  13. RULES SUSPENDED

    1/22/2025House
  14. Returned by the Committee Do Pass

    1/21/2025House
  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

  • HB1113 - Introduced

    1/13/2025

  • Act Version

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