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Bill

SB 51

AN ACT FOR THE AUDITOR OF STATE - OPERATIONS AND UNCLAIMED PROPERTY PROGRAM APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

2026 Fiscal Session

Arkansas allocates 2026-2027 fiscal year funds to the Auditor of State for operations and unclaimed property program administration.

DELIVERED TO GOVERNOR.
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Bill Summary · SB 51

Legislative bill overview

SB 51 appropriates state funds to support the operations of the Arkansas Auditor of State's office and its Unclaimed Property Program for the 2026-2027 fiscal year. The bill allocates necessary budget resources to maintain the auditor's functions, which include conducting audits of state agencies, local governments, and oversight of unclaimed property held by the state.

Why is this important

The Auditor of State serves as a fiscal watchdog, ensuring public funds are spent properly and efficiently. The Unclaimed Property Program reunites citizens with lost bank accounts, insurance benefits, and other assets—funds that would otherwise remain in state custody indefinitely. Adequate funding ensures these accountability and consumer protection functions operate effectively.

Potential points of contention

  • Budget amount specifics: Without seeing the dollar figure, it's unclear whether the appropriation represents an increase, decrease, or flat funding compared to previous years
  • Unclaimed property administrative costs: Debate may exist over how much revenue should be allocated to locating owners versus retained as general fund revenue
  • Audit capacity vs. demand: Questions about whether funding levels adequately address the scope of entities requiring audits and oversight

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

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