ArkansasHB13522025 Regular SessionHouse

TO AMEND VARIOUS LAWS CONCERNING ACTIONS RELATED TO CERTAIN FOREIGN ENTITIES.

Sponsored By: Blake Johnson (Republican), Howard M. Beaty, Jr. (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 0 benefits, 1 costs, 3 mixed.

State colleges must close covered Chinese institutes

Arkansas state-supported colleges cannot host Confucius Institutes or similar institutes tied to the Chinese government, including Chinese cultural centers. Colleges must close existing covered institutes by December 31, 2025. Each college must certify every year that it has no prohibited institute. The state withholds funding from colleges that keep a prohibited institute or fail to submit the certification.

Public funds face Chinese investment limits

Arkansas state-supported colleges cannot invest state or local money in Chinese companies or restricted investment products defined by the law. Only exceptions allowed by the public-investment rules apply. Starting on the subchapter’s effective date, public investment entities, their contracted service providers, and other fiduciaries cannot make new private equity or venture capital investments in Chinese companies. Private equity and venture capital investments made before that date remain exempt from the subchapter’s restrictions.

Public investors get protections and defense costs

Actions taken to follow the investment rules are exempt from conflicting state legal duties, including good-faith investment decisions. This covers conflicting duties involving asset managers, funds, and portfolio investments. The state, public investment entities, and their covered officials, board members, directors, agents, and employees have civil-liability immunity for removing assets under these rules. Public investment entities must cover covered personnel’s losses and defense costs for related claims, including reasonable lawyer fees. If a court invalidates one part of the subchapter, the remaining parts stay in force when they can operate independently.

Public investors must sell, with financial exceptions

Arkansas public investment entities must plan and carry out sales of covered Chinese investments as soon as financially prudent. Unless exempt, they must sell 100% within 12 months after first reporting the investment. Restricted products are exempt if Chinese investments make up less than 1% of their value, or five-year selling costs exceed 1% of the entity’s total portfolio. Investments locked until maturity are exempt when an early sale causes a financial penalty, loss, or other negative financial impact. That exemption ends at the earlier of 12 months after maturity or the date selling no longer causes a penalty or loss.

Sponsors & Cosponsors

Sponsors

  • Blake Johnson

    Republican • Senate

  • Howard M. Beaty, Jr.

    Republican • House

Cosponsors

  • Alyssa Brown

    Republican • House

  • Brandon Achor

    Republican • House

  • Wade Andrews

    Republican • House

  • Brit McKenzie

    Republican • House

  • Sonia Eubanks Barker

    Republican • House

  • Rick Beck

    Republican • House

  • Mary Bentley

    Republican • House

  • Harlan Breaux

    Republican • House

  • Keith Brooks

    Republican • House

  • Cameron Cooper

    Republican • House

  • Frances Cavenaugh

    Republican • House

  • Paul Childress

    Republican • House

  • Bruce Cozart

    Republican • House

  • Cindy Crawford

    Republican • House

  • Carol Dalby

    Republican • House

  • James Eaton

    Republican • House

  • Brian S. Evans

    Republican • House

  • Tony Furman

    Republican • House

  • Jimmy Gazaway

    Republican • House

  • Zack Gramlich

    Republican • House

  • Brad Hall

    Republican • House

  • RJ Hawk

    Republican • House

  • Steve Hollowell

    Republican • House

  • Jeremiah Moore

    Republican • House

  • Joey L. Carr

    Republican • House

  • John P. Carr

    Republican • House

  • Karilyn Brown

    Republican • House

  • Lee Johnson

    Republican • House

  • Wayne Long

    Republican • House

  • Robin Lundstrum

    Republican • House

  • Roger D. Lynch

    Republican • House

  • Matt Brown

    Republican • House

  • Mark D. McElroy

    Republican • House

  • Matthew J. Shepherd

    Republican • House

  • John Maddox

    Republican • House

  • Mindy McAlindon

    Republican • House

  • Rick McClure

    Republican • House

  • Richard McGrew

    Republican • House

  • Ron McNair

    Republican • House

  • Jon Milligan

    Republican • House

  • Nick Burkes

    Republican • House

  • Jason Nazarenko

    Republican • House

  • Stetson Painter

    Republican • House

  • Shad Pearce

    Republican • House

  • Mark Perry

    Democratic • House

  • Aaron Pilkington

    Republican • House

  • Chad Puryear

    Republican • House

  • Rebecca Burkes

    Republican • House

  • R. Scott Richardson

    Republican • House

  • David Ray

    Republican • House

  • Marcus E. Richmond

    Republican • House

  • Ryan A. Rose

    Republican • House

  • Johnny Rye

    Republican • House

  • Stan Berry

    Republican • House

  • Bart Schulz

    Republican • House

  • Randy Torres

    Republican • House

  • Dwight Tosh

    Republican • House

  • Kendon Underwood

    Republican • House

  • Steve Unger

    Republican • House

  • DeAnn Vaught

    Republican • House

  • Steven Walker

    Republican • House

  • Carlton Wing

    Republican • House

  • Jim Wooten

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 198 • No: 22

House vote • 4/15/2025

House Vote - Tuesday, April 15, 2025 2:55:39 PM

Yes: 84 • No: 10

Senate vote • 4/8/2025

Senate Vote - Tuesday, April 8, 2025 8:42:48 PM

Yes: 28 • No: 6

House vote • 3/17/2025

House Vote - Monday, March 17, 2025 1:54:50 PM

Yes: 86 • No: 6

Actions Timeline

  1. Notification that HB1352 is now Act 937

    4/21/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    4/16/2025House
  3. TO BE ENROLLED

    4/15/2025House
  4. Senate amendment # 1 read and concurred in.

    4/15/2025House
  5. Returned by the Committee with the recommendation that it do pass, concur in Senate Amendment No. 1

    4/14/2025House
  6. Re-referred to the Committee on STATE AGENCIES & GOVT'L AFFAIRS- HOUSE

    4/9/2025House
  7. Returned from Senate as passed, as amended # 1

    4/9/2025House
  8. Returned to the House as passed as amended # 1 .

    4/8/2025Senate
  9. Read the third time and passed.

    4/8/2025Senate
  10. REPORTED CORRECTLY ENGROSSED

    4/7/2025Senate
  11. Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.

    4/7/2025Senate
  12. Placed on second reading for purpose of amendment.

    4/7/2025Senate
  13. Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1

    4/3/2025Senate
  14. Read first time, rules suspended, read second time, referred to STATE AGENCIES & GOVT'L AFFAIRS-SENATE

    3/17/2025Senate
  15. Received from the House.

    3/17/2025Senate
  16. Read the third time and passed and ordered transmitted to the Senate.

    3/17/2025House
  17. Returned by the Committee Do Pass

    3/12/2025House
  18. REPORTED CORRECTLY ENGROSSED

    3/5/2025House
  19. Amendment No. 2 read and adopted and the bill ordered engrossed.

    3/5/2025House
  20. Placed on second reading for the purpose of amendment.

    3/5/2025House
  21. REPORTED CORRECTLY ENGROSSED

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

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

    3/3/2025House
  24. Read the first time, rules suspended, read the second time and referred to the Committee on STATE AGENCIES & GOVT'L AFFAIRS- HOUSE

    2/3/2025House
  25. Filed

    1/31/2025House

Bill Text

  • HB1352 - Introduced

    1/31/2025

  • Act Version

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