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HB 1051

AN ACT FOR THE DEPARTMENT OF FINANCE & ADMINISTRATION - REGULATORY DIVISION APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

2026 Fiscal Session

The bill increases the DFA Regulatory Division’s FY2026-27 funding and adds a dedicated $5,000 overtime line item to enhance regulatory operations.

Correctly enrolled and ordered transmitted to the Governor's Office.
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Bill Summary · HB 1051

Summary of HB 1051 (2026F, Arkansas)

Purpose

HB 1051 is an appropriation bill for the Department of Finance & Administration (DFA) – Regulatory Division for the 2026-2027 fiscal year. The amendment packet indicates revisions to the appropriation numbers proposed in the original bill.

Key Provisions and Changes (as amended)

  • Overall funding level adjustments
    • The amendment changes several line-item amounts within the DFA, Regulatory Division appropriation:
    • Increases certain budgeted amounts (e.g., from 180,000 to 480,000; and from 672,281 to 972,281).
    • Adjusts a total line item on a page (from 2,569,248 to 2,584,248), reflecting an overall budget increase of 15,000 in that line.
  • New line item for overtime
    • Adds a dedicated line item: Overtime $5,000 (indicated as 01.1) to be available for overtime expenses.
  • Other specific adjustments via amendment
    • The amendment modifies multiple line items on pages 4 and 9 of the bill to reflect these higher amounts and the newly added overtime line.

Note: The exact statutory language and all affected line-item titles are not fully provided in the excerpt, but the amendment clearly increases several DFA Regulatory Division appropriation amounts and introduces an overtime allocation.

Who/What is Affected

  • Primary beneficiary: Arkansas Department of Finance & Administration, Regulatory Division.
  • Operational impact: Increased funding and a designated overtime line item may support enhanced staffing, compliance activities, regulatory enforcement, or administrative operations within the Regulatory Division for the 2026-2027 fiscal year.

Procedural and Timeline Details

  • Bill type: Appropriation bill for the upcoming fiscal year.
  • Amendment history:
    • Amendment No. 1 to HB 1051 was prepared and adopted by the Joint Budget Committee (JBC) on 2026-04-14.
    • The bill, with the amendment, was placed on second reading for amendment on 2026-04-15, where the amendment was read and adopted, and the bill ordered engrossed.
    • The bill was read and referred in earlier sessions as part of the standard legislative process, with the record showing it originated in April 2026.
  • Status: As of the latest action, the amendment has been adopted and the bill was ordered engrossed.

Practical Implications

  • The DFA Regulatory Division would operate with higher authorized appropriations for the 2026-2027 fiscal year, potentially enabling expanded regulatory activities, staffing, or compliance initiatives.
  • The addition of a specific $5,000 overtime line item provides a defined funding source for overtime work, which can affect staffing flexibility and response capacity.

Bottom Line

HB 1051, as amended, represents a modest expansion of the Regulatory Division’s funding for FY 2026-2027 in the Arkansas DFA, including:
- Several line-item increases (specific amounts identified in the amendment: notably increases from 180,000 to 480,000; and 672,281 to 972,281; and a total line item adjusted to 2,584,248),
- A new overtime appropriation of $5,000,
- Overall, a narrowly increased budget aimed at enhancing regulatory operations for the coming year.

If you need, I can outline the exact line-item changes once the full bill text is available.

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

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