Arkansas 2025 Regular Session Status: In Committee

SB 283 — TO AMEND THE LAW CONCERNING UNCLAIMED PROPERTY; AND TO PROVIDE THAT CERTAIN NONPROFIT ORGANIZATIONS ARE EXEMPT FROM THE LAW CONCERNING UNCLAIMED PROPERTY.

Last action — Sine Die adjournment

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

This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

In plain language

The bill exempts certain nonprofit organizations from unclaimed property laws.

The legislation amends unclaimed property laws to exempt specific nonprofit organizations, defined under federal tax code, from these regulations. Nonprofits with annual revenues under $5 million must still report unclaimed property but can reclaim it if unclaimed for two years.

What this means for you
  • Nonprofits: This means smaller nonprofit organizations may face fewer obligations regarding unclaimed property.

Bill Text

Amendments

1 amendment

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

Action History

  1. Sine Die adjournment

  2. Withdrawn by author.

  3. REPORTED CORRECTLY ENGROSSED

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

  5. Placed on second reading for purpose of amendment.

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

  7. Read first time, rules suspended, read second time, referred to STATE AGENCIES & GOVT'L AFFAIRS-SENATE

  8. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 11 co-sponsors · 125 not signed on

Sponsors (2)

Co-sponsors (11)

Not signed on (125)

125 members have not signed on to this bill.

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"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

Subjects

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 283?
SB 283 is sponsored by RJ Hawk, Tony Furman, Paul Childress, Keith Brooks, Mary Bentley, Matt Stone, Matt McKee, Mark Johnson, Ben Gilmore, Jane English, Alan Clark, Howard M. Beaty, Jr., and Kim Hammer.
What is the current status of SB 283?
This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 283?
Track SB 283 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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