Arkansas 2022 Fiscal Session Status: Enacted

SB 101 — TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

Last action — Notification that SB101 is now Act 225

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 16, 2022. Enacted.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

0 added · 2 removed

Plain-language change summary

The updated version of Bill SB 101 removed a reference to "Act 225 of the Fiscal Session" and the date it was approved. This change signifies that this bill is no longer tied to that specific act, which might streamline its focus or requirements. By making this adjustment, lawmakers can clarify the intent of SB 101 and potentially reduce confusion about its applicability.

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Latest
Act 225 of the Fiscal Session State of Arkansas As Engrossed:
State of Arkansas As Engrossed:
/s/Joint Budget Committee APPROVED:
/s/Joint Budget Committee 13 03-07-2022 12:45:36 MAH072
3/8/22 13 03-07-2022 12:45:36 MAH072
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How this bill changes current law

4 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill amends the Revenue Stabilization Law to create new funds and establish temporary provisions for financial transfers within state funds.

  • Acts 2021, No. 1058, § 2(c)

    Uncodified Acts 2021, No. 1058, § 2(c), is amended to read as follows: → (c)(1) Any unobligated or unallocated funds remaining on July 2, 2021, in the "General Revenue Allotment Reserve Fund" from monies accruing thereto which are not required to finance enactments of the 93rd General Assembly that do not expire on June 30, 2021, including all General Revenue Funds recovered from remaining fund balances; (2) All General Revenue Funds recovered from remaining fund balances in the "General Revenue Allotment Reserve Fund" from monies accruing thereto during the 2021-2022 fiscal year which are not required to finance enactments of the 93rd General Assembly that do not expire on June 30, 2022, including all General Revenue Funds recovered from remaining fund balances;

    This change clarifies the handling of unobligated or unallocated funds in the General Revenue Allotment Reserve Fund.

  • § 19-5-401

    Arkansas Code 19-5-401 is amended to read as follows: → 19-5-401. Allocations for fiscal year 2022-2023 and thereafter. Commencing with the fiscal year beginning July 1, 2022, and each fiscal year thereafter, the Treasurer of State shall transfer all remaining general revenues available for distribution on the last day of business in July 2022, and on the last day of business in each calendar month thereafter during the fiscal year to the various funds and fund accounts participating in general revenues in the proportions of the maximum allocation as the individual allocation to the fund or fund account bears to the total of the maximum allocation as provided in § 19-5-402 (a) and (b).

    This change establishes the schedule for transferring general revenues to participating funds and accounts.

  • § 19-5-402

    Arkansas Code 19-5-402 is amended to read as follows: → 19-5-402. Maximum allocations of revenues for fiscal year 2022-2023 and thereafter. (a) ALLOCATION A. The Treasurer of State shall first make monthly allocations in the proportions set out in this subsection to the funds and fund accounts listed below until there has been transferred a total of five billion six hundred eighty five million seven hundred forty three thousand two hundred and eighty five dollars ($5,685,743,285) or so much thereof as may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection:

    This amendment specifies the maximum total allocations of revenues and the process for monthly distributions among funds.

  • § 19-5-1263(c)

    Notwithstanding other provisions of law as set out in 19-5-1263(c) the Majority Vote Various Improvements and Projects Set-Aside in the Restricted Reserve Fund shall only require a majority affirmative vote as set out in the rules of the Legislative Council or the Joint Budget Committee during a legislative session for prior approval of the requested disbursement as authorized in 19-5-1263(d).

    This establishes a simpler process requiring only a majority vote for disbursement approvals from the Majority Vote Various Improvements and Projects Set-Aside.

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Notification that SB101 is now Act 225

  2. DELIVERED TO GOVERNOR.

  3. Reported correctly enrolled and ordered delivered to the Governor.

  4. ORDERED ENROLLED

  5. Returned from the House as passed.

  6. Returned To the Senate as passed.

  7. EMERGENCY CLAUSE ADOPTED

  8. Read the third time and passed and ordered transmitted to the Senate.

  9. Read the first time, rules suspended, read the second time and placed on the CALENDAR.

  10. RECEIVED FROM THE SENATE

  11. Ordered immediately transmitted to the House.

  12. EMERGENCY CLAUSE ADOPTED

  13. Read the third time and passed.

  14. REPORTED CORRECTLY ENGROSSED

  15. The rules were suspended to place SB101 on today's calendar.

  16. Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.

  17. Placed on second reading for purpose of amendment.

  18. Rules suspended.

  19. Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1

  20. Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE

  21. Filed

Sponsors

  • Joint Budget Committee · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 137 not signed on

Sponsors (1)

  • Joint Budget Committee

Co-sponsors (0)

None.

Not signed on (137)

137 members have not signed on to this bill.

Show all 137 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Read the third time and passed and ordered transmitted to the Senate.

Passed 97 Yea · 1 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 97102
Total 97102
% of votes cast 97%1%0%2%
How each member voted (100)
Member Party Vote
Bragg — Yea
Carr — Yea
Christiansen — Yea
Cloud — Yea
Coleman — Yea
Fielding — Yea
Fortner — Yea
Godfrey — Yea
Haak — Yea
Hawks — Yea
Hillman — Yea
Jett — Yea
Lowery — Yea
Nicks — Yea
Richardson — Yea
Slape — Yea
Speaks — Yea
Tollett — Yea
Watson — Yea
Miller — Nay
Deffenbaugh — Not Voting
Aaron Pilkington — Yea
Andrew Collins — Yea
Ashley Hudson — Yea
Austin McCollum — Not Voting
B. Smith — Yea
Brian S. Evans — Yea
Brit McKenzie — Yea
Bruce Cozart — Yea
C. Fite — Yea
Cameron Cooper — Yea
Carlton Wing — Yea
Carol Dalby — Yea
Cindy Crawford — Yea
Clint Penzo — Yea
D. Ferguson — Yea
David Ray — Yea
David Whitaker — Yea
DeAnn Vaught — Yea
Denise Garner — Yea
Denise Jones Ennett — Yea
Dwight Tosh — Yea
Frances Cavenaugh — Yea
Fred Allen — Yea
Fredrick J. Love — Yea
Harlan Breaux — Yea
Howard M. Beaty, Jr. — Yea
Jack Ladyman — Yea
Jamie Scott — Yea
Jeff Wardlaw — Yea
Jim Dotson — Yea
Jim Wooten — Yea
Jimmy Gazaway — Yea
John Maddox — Yea
John Payton — Yea
Johnny Rye — Yea
Jon Milligan — Yea
Jon S. Eubanks — Yea
Joshua Bryant — Yea
Joy Springer — Yea
Julie Mayberry — Yea
Justin Boyd — Yea
Justin Gonzales — Yea
K. Ferguson — Yea
Karilyn Brown — Yea
Keith Brooks — Yea
Kendon Underwood — Yea
L. Fite — Yea
L. Johnson — Yea
Lane Jean — Yea
Les D. Eaves — Yea
Les Warren — Yea
M. Berry — Yea
M. Davis — Yea
M. Gray — Yea
M. Hodges — Yea
Marcus E. Richmond — Yea
Mark D. McElroy — Yea
Mark Perry — Yea
Mary Bentley — Yea
Matthew J. Shepherd — Yea
Mike Holcomb — Yea
Nicole Clowney — Yea
Reginald Murdock — Yea
Richard McGrew — Yea
Richard Womack — Yea
Rick Beck — Yea
Rick McClure — Yea
Robin Lundstrum — Yea
Roger D. Lynch — Yea
Ron McNair — Yea
S. Berry — Yea
S. Smith — Yea
Sonia Eubanks Barker — Yea
Stephen Magie — Yea
Stephen Meeks — Yea
Steve Hollowell — Yea
Tippi McCullough — Yea
Tony Furman — Yea
V. Flowers — Yea

Official roll call →

Read the third time and passed.

Passed 35 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 34000
Total 34000
% of votes cast 100%0%0%0%
How each member voted (34)
Member Party Vote
Beckham — Yea
Bledsoe — Yea
Elliott — Yea
Rapert — Yea
Teague — Yea
Alan Clark — Yea
B. Ballinger — Yea
B. Sample — Yea
Bart Hester — Yea
Ben Gilmore — Yea
Blake Johnson — Yea
Breanne Davis — Yea
C. Tucker — Yea
Dan Sullivan — Yea
Dave Wallace — Yea
G. Stubblefield — Yea
Greg Leding — Yea
J. Hendren — Yea
J. Sturch — Yea
Jane English — Yea
Jimmy Hickey, Jr — Yea
Jonathan Dismang — Yea
K. Ingram — Yea
Kim Hammer — Yea
L. Chesterfield — Yea
M. Pitsch — Yea
Mark Johnson — Yea
Missy Irvin — Yea
Ricky Hill — Yea
Ronald Caldwell — Yea
S. Flowers — Yea
Scott Flippo — Yea
T. Garner — Yea
Terry Rice — Yea

Official roll call →

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 101?
SB 101 is sponsored by Joint Budget Committee.
What is the current status of SB 101?
This bill has been enacted into law. Introduced February 16, 2022. Enacted.
Where can I track SB 101?
Track SB 101 free on One Click Politics — get push/email alerts when it moves.

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