TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A REPORT CONCERNING THE CA...
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SB 382 — TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A REPORT CONCERNING THE CAPITAL ACCESS FUND.
Last action — Notification that SB382 is now Act 466
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 05, 2025. Enacted.
Signed by Governor Sarah Huckabee Sanders (Republican) on April 07, 2025.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
2 primary, 0 co-sponsors signed on.
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
1 added · 2 removedPlain-language change summary
In the latest version of Bill SB 382, a reference to "Act 466 of the Regular Session" has been removed from the text. This change is significant because it may allow for new provisions or updates that are no longer tied to that specific act, allowing the bill to move forward independently. It helps streamline the language and focuses the bill on its current objectives without being influenced by past legislation.
Act 466 of the Regular Session State ofArkansas 95th GeneralAssembly ABill Regular Session, 2025 SENATE BILL 382 5 By:
APPROVED:*JLL211* 03/05/2025 9:59:08 AM JLL211
4/3/25 *JLL211* 03/05/2025 9:59:08 AM JLL211
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
This bill repeals the requirement for the Arkansas Development Finance Authority to submit a financial report concerning the Capital Access Fund.
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15-5-1110
15-5-1110. Financial report of Capital Access Fund. (a) At least annually, the Arkansas Development Finance Authority shall prepare a report conforming to generally accepted accounting principles that describes the financial condition of the Capital Access Fund and describes the results and economic impact of the Arkansas Capital Access Program for Small Business and the Arkansas Credit Reserve Program. (b) The reports required under this section shall be submitted to the Governor and to the Legislative Council.The entire requirement for the report is removed, eliminating the obligation for the Arkansas Development Finance Authority to provide this financial report.
Action History
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Notification that SB382 is now Act 466
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DELIVERED TO GOVERNOR.
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Reported correctly enrolled and ordered delivered to the Governor.
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ORDERED ENROLLED
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Returned from the House as passed.
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Returned to the Senate as passed.
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Read the third time and passed and ordered transmitted to the Senate.
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Returned by the Committee Do Pass
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Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
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RECEIVED FROM THE SENATE
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Ordered Immediately transmitted to the House.
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Read the third time and passed.
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Returned by the Committee, with the recommendation that it Do Pass
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Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
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Filed
Sponsors
- Frances Cavenaugh · Primary
- Steve Crowell · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 136 not signed on
Sponsors (2)
Co-sponsors (0)
None.
Not signed on (136)
136 members have not signed on to this bill.
Show all 136 →"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.
Subjects
Frequently asked questions
- Who sponsors SB 382?
- SB 382 is sponsored by Frances Cavenaugh and Steve Crowell.
- What is the current status of SB 382?
- This bill has been enacted into law. Introduced March 05, 2025. Enacted.
- Where can I track SB 382?
- Track SB 382 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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