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SB 52

AN ACT FOR THE AUDITOR OF STATE - OPERATIONS AND UNCLAIMED PROPERTY PROGRAM APPROPRIATION FOR THE 2025-2026 FISCAL YEAR.

2025 Regular Session

Arkansas enacts appropriations bill funding Auditor of State operations and unclaimed property program for fiscal year 2025-2026.

Notification that SB52 is now Act 894
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Bill Summary · SB 52

Legislative bill overview

SB 52 is an appropriations bill that allocates funding for the Arkansas Auditor of State's operations and the state's unclaimed property program for the 2025-2026 fiscal year. The bill has been enacted into law (Act 894) as of April 21, 2025, following standard legislative procedures including suspension of rules for expedited passage.

Why is this important

The Auditor of State's office conducts financial audits of state agencies and local governments, ensuring public funds are spent appropriately and legally. The unclaimed property program manages millions of dollars in dormant bank accounts, insurance proceeds, and other assets that belong to Arkansas citizens, so adequate funding ensures these programs can fulfill their oversight and custodial responsibilities effectively.

Potential points of contention

  • Funding level transparency: The bill text does not specify the actual appropriation amount, making it unclear whether funding increases, decreases, or maintains current levels
  • Unclaimed property program efficiency: Questions may exist about whether allocated resources adequately address the backlog of unclaimed property claims or improve claim processing times
  • Audit capacity: Concerns could arise about whether the appropriation enables sufficient auditing of state agencies and local governments, particularly given inflation and operational cost increases

Compiled from official sources — confirm details with the bill’s official record.

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