All Roll Calls
Yes: 131 • No: 0
ArkansasSB1952025 Regular SessionSenate
AN ACT FOR THE DEPARTMENT OF COMMERCE REAPPROPRIATION.
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 continues for Arkansas community development
Beginning July 1, 2025, the law renews unused Development and Enhancement Fund balances for the Arkansas Economic Development Commission. Separate caps of $3 million and $375,000 support project grants and loans. Eligible recipients include state agencies, cities, counties, community-based nonprofits, and other entities the commission finds eligible. Projects cover public works, job training, public health, access to public industrial and technology parks, aerospace, and technology development. They also cover ports, rail, waterways, industrial sites, freight transfer facilities, environmental cleanup or harm reduction, and water and sewer systems. Another $480,320 supports statewide economic-stimulus grants and loans. Up to $189,757 provides matching funds or loans when an outside funding organization requires a project match. The commission's executive director allocates up to $130,100 for activities tied to Arkansas's strategic economic development plan. Household effects are indirect; the law creates no direct household payments. Agencies may supplement funding with grants, federal funds, and unused cash income, but not maintenance and general operations appropriations. Spending must follow applicable fiscal-control rules and the stated purposes.
Funding continues for Arkansas job training
Beginning July 1, 2025, the law renews authority to spend unused workforce funds from Act 112 of 2024. The Department of Commerce's Office of Skills Development gets two separate spending caps from the Skills Development Fund. Up to $28 million supports staff, operations, debt payments, construction, property purchases, equipment, and grants. Another $40 million supports staff, operations, equipment, and grants for statewide workforce programs. The law sets no individual training benefit or eligibility rules, and agencies cannot commit more money than is available.
Funding supports Arkansas minority business growth
Beginning July 1, 2025, the law renews up to $153,216 in unused funding for the Arkansas Economic Development Commission. The money comes from the Minority and Women-Owned Business Loan Mobilization Revolving Fund. It supports minority business growth and efforts to help those businesses compete for state contracts. The law does not set award amounts or loan terms for individual businesses.
Sponsors & Cosponsors
Sponsor
Joint Budget Committee
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 2/11/2025
House Vote - Tuesday, February 11, 2025 2:17:54 PM
Yes: 99 • No: 0
Senate vote • 2/10/2025
Senate Vote - Monday, February 10, 2025 2:36:59 PM
Yes: 32 • No: 0 • Other: 1
Actions Timeline
Notification that SB195 is now Act 78
2/17/2025SenateDELIVERED TO GOVERNOR.
2/11/2025SenateReported correctly enrolled and ordered delivered to the Governor.
2/11/2025SenateORDERED ENROLLED
2/11/2025SenateReturned from the House as passed.
2/11/2025SenateReturned To Senate as Passed.
2/11/2025HouseEMERGENCY CLAUSE ADOPTED
2/11/2025HouseRead the third time and passed and ordered transmitted to the Senate.
2/11/2025HouseConsidered in the Committee of the Whole, and recommended do pass.
2/11/2025HouseRULES SUSPENDED
2/11/2025HouseRead the first time, rules suspended, read the second time and placed on the CALENDAR.
2/10/2025HouseRECEIVED FROM THE SENATE
2/10/2025HouseOrdered Immediately transmitted to the House.
2/10/2025SenateEMERGENCY CLAUSE ADOPTED
2/10/2025SenateRead the third time and passed.
2/10/2025SenateReturned by the Committee, with the recommendation that it Do Pass
2/6/2025SenateRead first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE
2/4/2025SenateFiled
2/4/2025Senate
Bill Text
SB195 - Introduced
2/4/2025
Act Version
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