ArkansasSB752026 Fiscal SessionSenate

TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.

Sponsored By: Jonathan Dismang (Republican)

Enacted

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

6 provisions identified: 2 benefits, 0 costs, 4 mixed.

Monthly funding rules for Arkansas programs

Beginning July 1, 2026, the Treasurer distributes remaining available general revenue on each month's last business day. Funds receive shares based on fixed annual maximums: $6.644423348 billion for Allocation A, then $60.747209 million for Allocation B. These distributions support schools, health services, local governments, public safety, workforce programs, and other listed state accounts. Some listed college and university accounts receive zero allocations. Funding is limited to available revenue; the law does not change tax rates or create household payments.

Temporary funding boost for Arkansas Medicaid

The law requires a one-time $100 million transfer from the General Revenue Allotment Reserve Fund to a Medicaid sustainability reserve. The reserve is within the Restricted Reserve Fund. The transfer starts July 1, 2026, or as soon as practical after other reserve transfers enacted in the 2026 Fiscal Session are complete. Money not committed by July 1, 2027, returns to the original reserve fund. This adds Medicaid funding without changing who qualifies or their benefit amounts.

More temporary funding for education choice

The law requires a one-time $70 million transfer from the General Revenue Allotment Reserve Fund for Children's Educational Freedom Accounts. This education-choice set-aside is within the Restricted Reserve Fund. The transfer starts July 1, 2026, or as soon as practical after other reserve transfers enacted in the 2026 Fiscal Session are complete. Money not committed by July 1, 2027, returns to the original reserve fund. The provision does not set household payment amounts or eligibility rules.

Conditional funding for West Memphis manufacturing

Effective upon enactment, the Chief Fiscal Officer may transfer reserve money to the Economic Development Incentive Quick Action Closing Fund. Up to $150 million supports an advanced manufacturing facility in West Memphis, not a data center. Before an incentive transfer, the Commerce Secretary must certify a final agreement with a positive cost-benefit calculation and obligations for unmet requirements. Another $150 million can fund necessary public roads after the transportation director estimates costs net of other funding, including federal money. Both transfers require available funds, reduce state reserves, and provide no direct household payment.

Arkansas reserves money for motor vehicles

The law moves $5 million from the General Revenue Allotment Reserve Fund to the Motor Vehicle Set-Aside within the Restricted Reserve Fund. This earmarks money for motor vehicles and reduces the original reserve. The transfer starts July 1, 2026, or as soon as practical after other reserve transfers enacted in the 2026 Fiscal Session are complete. Money not committed by July 1, 2027, returns to the original reserve fund. The provision does not specify funded activities or payments to drivers.

Arkansas sets aside discretionary spending money

The law moves $43.7 million from the General Revenue Allotment Reserve Fund into the Restricted Reserve Fund. It goes to the Various General Discretionary Majority Vote Set-Aside, reducing the money in the original reserve. The transfer starts July 1, 2026, or as soon as practical after other reserve transfers enacted in the 2026 Fiscal Session are complete. Money not committed by July 1, 2027, returns to the original reserve fund. The provision does not name specific uses or household recipients.

Sponsors & Cosponsors

Sponsor

  • Jonathan Dismang

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 103 • No: 28

House vote • 4/29/2026

House Vote - Wednesday, April 29, 2026 10:37:16 AM

Yes: 70 • No: 27

Senate vote • 4/28/2026

Senate Vote - Tuesday, April 28, 2026 2:27:01 PM

Yes: 33 • No: 1 • Other: 1

Actions Timeline

  1. Notification that SB75 is now Act 144

    4/29/2026Senate
  2. DELIVERED TO GOVERNOR.

    4/29/2026Senate
  3. Reported correctly enrolled and ordered delivered to the Governor.

    4/29/2026Senate
  4. ORDERED ENROLLED

    4/29/2026Senate
  5. Returned from the House as passed.

    4/29/2026Senate
  6. Returned to the Senate as passed.

    4/29/2026House
  7. EMERGENCY CLAUSE ADOPTED

    4/29/2026House
  8. Read the third time and passed and ordered transmitted to the Senate.

    4/29/2026House
  9. Read the first time, rules suspended, read the second time and placed on the CALENDAR.

    4/28/2026House
  10. RECEIVED FROM THE SENATE

    4/28/2026House
  11. Ordered immediately transmitted to the House.

    4/28/2026Senate
  12. EMERGENCY CLAUSE ADOPTED

    4/28/2026Senate
  13. Read the third time and passed.

    4/28/2026Senate
  14. REPORTED CORRECTLY ENGROSSED

    4/27/2026Senate
  15. Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.

    4/27/2026Senate
  16. Placed on second reading for purpose of amendment.

    4/27/2026Senate
  17. Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1

    4/23/2026Senate
  18. Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE

    4/21/2026Senate
  19. Filed

    4/17/2026Senate

Bill Text

  • SB75 - Introduced

    4/17/2026

  • Act Version

Related Bills

Back to State Legislation