ArkansasSB4912025 Regular SessionSenate

TO REQUIRE A VENDOR THAT CONTRACTS WITH THE EMPLOYEE BENEFITS DIVISION TO SUBMIT DATA FOR VERIFICATION BY AN INDEPENDENT AUDIT; TO IMPOSE A CIVIL PENALTY ON A VENDOR THAT PROVIDES INACCURATE DATA; AND TO DECLARE AN EMERGENCY.

Sponsored By: Brandon Achor (Republican), Kim Hammer (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

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

New contracts and audits for benefits vendors

Arkansas’s State Board of Finance can direct the Employee Benefits Division to hire qualified plan vendors without competitive bidding. Contracts must last at least one year and can renew automatically unless either party gives notice to end them. Qualified vendors must agree to independent checks of their data. When a fiscal impact is required, covered vendors must verify data accuracy; the division cannot contract with vendors that refuse audits. The division director must create the audit process and rules, and can request vendor participation. Inaccurate data found through an audit brings a $500 penalty for the first violation and $1,000 for each later violation. Vendors also face losing their license or permission to operate in Arkansas. The law takes effect immediately under its emergency clause.

Sponsors & Cosponsors

Sponsors

  • Brandon Achor

    Republican • House

  • Kim Hammer

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 177 • No: 7

Senate vote • 4/16/2025

Senate Vote - Wednesday, April 16, 2025 12:18:36 PM

Yes: 19 • No: 7 • Other: 6

House vote • 4/16/2025

House Vote - Wednesday, April 16, 2025 10:34:11 AM

Yes: 96 • No: 0

Senate vote • 4/16/2025

Senate Vote - Wednesday, April 16, 2025 12:19:42 PM

Yes: 29 • No: 0 • Other: 1

Senate vote • 3/31/2025

Senate Vote - Monday, March 31, 2025 3:47:08 PM

Yes: 33 • No: 0 • Other: 1

Actions Timeline

  1. Notification that SB491 is now Act 956

    4/22/2025Senate
  2. DELIVERED TO GOVERNOR.

    4/16/2025Senate
  3. Reported correctly enrolled and ordered delivered to the Governor.

    4/16/2025Senate
  4. ORDERED ENROLLED

    4/16/2025Senate
  5. EMERGENCY CLAUSE ADOPTED

    4/16/2025Senate
  6. Motion to Expunge the Vote by which Emergency Clause failed of adoption. Motion carried.

    4/16/2025Senate
  7. Emergency Clause failed of adoption.

    4/16/2025Senate
  8. Read the third time and passed.

    4/16/2025Senate
  9. Rules suspended.

    4/16/2025Senate
  10. House Amendment No. 1 read first time, rule suspended, read second time and concurred in.

    4/16/2025Senate
  11. Placed on second reading for purpose of amendment.

    4/16/2025Senate
  12. Rules suspended.

    4/16/2025Senate
  13. Returned from the House as passed as amended # 1 .

    4/16/2025Senate
  14. Returned to Senate as passed, as amended # 1

    4/16/2025House
  15. EMERGENCY CLAUSE ADOPTED

    4/16/2025House
  16. Read the third time and passed and ordered transmitted to the Senate.

    4/16/2025House
  17. REPORTED CORRECTLY ENGROSSED

    4/15/2025House
  18. Amendment No. 1 read and adopted and the bill ordered engrossed.

    4/15/2025House
  19. Placed on second reading for the purpose of amendment.

    4/15/2025House
  20. Returned by the Committee with the recommendation that it do pass as amended 1

    4/14/2025House
  21. Read the first time, rules suspended, read the second time and referred to the Committee on STATE AGENCIES & GOVT'L AFFAIRS- HOUSE

    3/31/2025House
  22. RECEIVED FROM THE SENATE

    3/31/2025House
  23. Ordered immediately transmitted to the House.

    3/31/2025Senate
  24. EMERGENCY CLAUSE ADOPTED

    3/31/2025Senate
  25. Read the third time and passed.

    3/31/2025Senate

Bill Text

  • SB491 - Introduced

    3/17/2025

  • Act Version

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