TO PROHIBIT DISCRIMINATION OF AGRICULTURAL PRODUCERS BY FINANCIAL SERVICES PROVIDERS; AND TO ESTABLISH THE ...
This legislation makes it illegal for financial services providers to discriminate against agricultural producers. It establishes a framework for identifying and addressing such discrimination.
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SB 409 — TO PROHIBIT DISCRIMINATION OF AGRICULTURAL PRODUCERS BY FINANCIAL SERVICES PROVIDERS; AND TO ESTABLISH THE FARMER PROTECTION ACT.
Last action — Notification that SB409 is now Act 406
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 10, 2025. Enacted.
Signed by Governor Sarah Huckabee Sanders (Republican) on March 31, 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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65 sponsors
2 primary, 63 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.
In plain language
The bill prohibits discrimination against agricultural producers by financial services providers.
This legislation makes it illegal for financial services providers to discriminate against agricultural producers. It establishes a framework for identifying and addressing such discrimination.
What this means for you
- Agricultural Producers: This means you cannot be discriminated against by financial services providers based on your status as an agricultural producer.
Bill Text
What changed in the latest version
1 added · 2 removedPlain-language change summary
In the latest version of Bill SB 409, a specific reference to "Act 406 of the Regular Session" has been removed. This change clarifies the text by eliminating outdated references, which can help streamline the bill and make it easier to understand. Overall, simplifying such references ensures that the law is more accessible and relevant moving forward.
Act 406 of the Regular Session State ofArkansas 95th GeneralAssembly ABill Regular Session, 2025 SENATE BILL 409 5 By:
APPROVED:3 03/07/2025 3:34:02 PMANS346
3/25/25 3 03/07/2025 3:34:02 PMANS346
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill amends existing law to clarify definitions and prohibitions regarding discrimination against agricultural producers by financial services providers.
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Arkansas Code § 25-1-1001(4)
does not include actions by an investment adviser according to the investment-related guidelines, policies, or preferences of its→ does not include actions by an investment adviser according to the investment-related guidelines, policies, or preferences of its the investment adviser's clients;This change clarifies the definition of discrimination without altering the intended meaning.
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Arkansas Code § 25-1-1001
(14)(A) "Agricultural producer" means a natural person or company engaged in the production of goods derived from plants or animals. (B) "Agricultural producer" includes without limitation: (i) The growing of crops; (ii) Animal husbandry; and (iii) The production of livestock or dairy products.
This adds a clear definition of 'agricultural producer' to the law.
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Arkansas Code § 25-1-1002
financial services providers that discriminate against energy companies, or firearms entities, or agricultural producers or otherwise refuse to deal based on environmental, social justice, and other governance-related factors→ financial services providers that discriminate against energy companies, or firearms entities, or agricultural producers or otherwise refuse to deal based on environmental, social justice, and other governance-related factors on the Treasurer of State's website.This mandates the posting of a list of discriminatory financial services providers on the Treasurer's website.
Action History
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Notification that SB409 is now Act 406
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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 STATE AGENCIES & GOVT'L AFFAIRS- 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 STATE AGENCIES & GOVT'L AFFAIRS-SENATE
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Filed
Sponsors
- Jim Wooten · Cosponsor
- Wing · Cosponsor
- Steven Walker · Cosponsor
- DeAnn Vaught · Cosponsor
- Steve Unger · Cosponsor
- Kendon Underwood · Cosponsor
- Dwight Tosh · Cosponsor
- Trey Steimel · Cosponsor
- Matthew J. Shepherd · Cosponsor
- Bart Schulz · Cosponsor
- Johnny Rye · Cosponsor
- Ryan A. Rose · Cosponsor
- Marcus E. Richmond · Cosponsor
- R. Scott Richardson · Cosponsor
- David Ray · Cosponsor
- Chad Puryear · Cosponsor
- Aaron Pilkington · Cosponsor
- Mark Perry · Cosponsor
- Shad Pearce · Cosponsor
- Stetson Painter · Cosponsor
- Jason Nazarenko · Cosponsor
- Jeremiah Moore · Cosponsor
- Jon Milligan · Cosponsor
- Ron McNair · Cosponsor
- Brit McKenzie · Cosponsor
- Richard McGrew · Cosponsor
- Mark D. McElroy · Cosponsor
- Rick McClure · Cosponsor
- Mindy McAlindon · Cosponsor
- John Maddox · Cosponsor
- Roger D. Lynch · Cosponsor
- Robin Lundstrum · Cosponsor
- Wayne Long · Cosponsor
- Lee Johnson · Cosponsor
- Steve Hollowell · Cosponsor
- RJ Hawk · Cosponsor
- Brad Hall · Cosponsor
- Zack Gramlich · Cosponsor
- Jimmy Gazaway · Cosponsor
- Tony Furman · Cosponsor
- Brian S. Evans · Cosponsor
- James Eaton · Cosponsor
- Cindy Crawford · Cosponsor
- Bruce Cozart · Cosponsor
- Cameron Cooper · Cosponsor
- Paul Childress · Cosponsor
- Frances Cavenaugh · Cosponsor
- Rebecca Burkes · Cosponsor
- Nick Burkes · Cosponsor
- Matt Brown · Cosponsor
- Karilyn Brown · Cosponsor
- Keith Brooks · Cosponsor
- Harlan Breaux · Cosponsor
- Joey Carr · Cosponsor
- Joey Carr · Cosponsor
- Mary Bentley · Cosponsor
- Rick Beck · Cosponsor
- Jr. Howard M. Beaty · Cosponsor
- Sonia Eubanks Barker · Cosponsor
- Wade Andrews · Cosponsor
- Brandon Achor · Cosponsor
- Ricky Hill · Cosponsor
- Randy Torres · Primary
- Blake Johnson · Primary
- S. Berry · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 63 co-sponsors · 73 not signed on
Sponsors (2)
Co-sponsors (63)
- Jim Wooten
- Wing
- Steven Walker
- DeAnn Vaught
- Steve Unger
- Kendon Underwood
- Dwight Tosh
- Trey Steimel
- Matthew J. Shepherd
- Bart Schulz
- Johnny Rye
- Ryan A. Rose
- Marcus E. Richmond
- R. Scott Richardson
- David Ray
- Chad Puryear
- Aaron Pilkington
- Mark Perry
- Shad Pearce
- Stetson Painter
- Jason Nazarenko
- Jeremiah Moore
- Jon Milligan
- Ron McNair
- Brit McKenzie
- Richard McGrew
- Mark D. McElroy
- Rick McClure
- Mindy McAlindon
- John Maddox
- Roger D. Lynch
- Robin Lundstrum
- Wayne Long
- Lee Johnson
- Steve Hollowell
- RJ Hawk
- Brad Hall
- Zack Gramlich
- Jimmy Gazaway
- Tony Furman
- Brian S. Evans
- James Eaton
- Cindy Crawford
- Bruce Cozart
- Cameron Cooper
- Paul Childress
- Frances Cavenaugh
- Rebecca Burkes
- Nick Burkes
- Matt Brown
- Karilyn Brown
- Keith Brooks
- Harlan Breaux
- Joey Carr
- Joey Carr
- Mary Bentley
- Rick Beck
- Howard M. Beaty, Jr.
- Sonia Eubanks Barker
- Wade Andrews
- Brandon Achor
- Ricky Hill
- S. Berry
Not signed on (73)
73 members have not signed on to this bill.
Show all 73 →"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 409?
- SB 409 is sponsored by Jim Wooten, Wing, Steven Walker, DeAnn Vaught, Steve Unger, Kendon Underwood, Dwight Tosh, Trey Steimel, Matthew J. Shepherd, Bart Schulz, Johnny Rye, Ryan A. Rose, Marcus E. Richmond, R. Scott Richardson, David Ray, Chad Puryear, Aaron Pilkington, Mark Perry, Shad Pearce, Stetson Painter, Jason Nazarenko, Jeremiah Moore, Jon Milligan, Ron McNair, Brit McKenzie, Richard McGrew, Mark D. McElroy, Rick McClure, Mindy McAlindon, John Maddox, Roger D. Lynch, Robin Lundstrum, Wayne Long, Lee Johnson, Steve Hollowell, RJ Hawk, Brad Hall, Zack Gramlich, Jimmy Gazaway, Tony Furman, Brian S. Evans, James Eaton, Cindy Crawford, Bruce Cozart, Cameron Cooper, Paul Childress, Frances Cavenaugh, Rebecca Burkes, Nick Burkes, Matt Brown, Karilyn Brown, Keith Brooks, Harlan Breaux, Joey Carr, Mary Bentley, Rick Beck, Howard M. Beaty, Jr., Sonia Eubanks Barker, Wade Andrews, Brandon Achor, Ricky Hill, Randy Torres, Blake Johnson, and S. Berry.
- What is the current status of SB 409?
- This bill has been enacted into law. Introduced March 10, 2025. Enacted.
- Where can I track SB 409?
- Track SB 409 free on One Click Politics — get push/email alerts when it moves.
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