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SB 2

AN ACT FOR THE DEPARTMENT OF FINANCE AND ADMINISTRATION - ASSESSMENT COORDINATION DIVISION APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

2026 Fiscal Session

The bill provides specific funding for the DFA's Assessment Coordination Division for FY 2026-2027, increasing two line-items by $100,000 each.

Notification that SB2 is now Act 74
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Bill Summary · SB 2

Summary of SB 2 (Session: 2026F, Arkansas)

Title

AN ACT FOR THE DEPARTMENT OF FINANCE AND ADMINISTRATION - ASSESSMENT COORDINATION DIVISION APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Purpose and Intention

  • The bill provides an appropriation to the Department of Finance and Administration (DFA), specifically to the Assessment Coordination Division, for the fiscal year 2026-2027.
  • It is part of the annual state budgeting process, aligning funding for a defined department unit to support its operations during the upcoming fiscal year.

Key Provisions and Changes

  • The amendment (Amendment No. 1) modifies two monetary amounts in the bill:
    • On Page 2, line 31: increases a line-item amount from 872,240 to 972,240 (an increase of 100,000).
    • On Page 3, line 2: increases a line-item amount from $3,831,282 to $3,931,282 (an increase of $100,000).
  • The core substance remains an appropriation for the DFA’s Assessment Coordination Division for FY 2026-2027; the amendment only adjusts two stated dollar figures upward by $100,000 each.

Who is Affected

  • Primary: Arkansas Department of Finance and Administration (DFA), specifically the Assessment Coordination Division.
  • The impact would be the availability of increased appropriated funds to support the division’s programs, personnel, operations, or other eligible expenditures as defined by the appropriation.

Timeline and Procedural Aspects

  • Legislative history indicates the bill was introduced and referred to the Joint Budget Committee (JBC).
  • Amendment No. 1 was adopted during the second reading, with rules suspended, and the bill was re-referred to the Joint Budget Committee after amendment.
  • The act is targeted for the 2026-2027 fiscal year.
  • The amendment approved on 4/15/2026 reflects an adjustment to funding amounts before final passage.

Additional Notes

  • The amendment was processed through the standard Arkansas legislative workflow for budget bills, including sequencing of readings and committee actions.
  • No other substantive policy changes are described in the bill text provided; the focus is on funding levels for the DFA Assessment Coordination Division.

If you’d like, I can add a brief glossary of terms (e.g., “Assessment Coordination Division,” “appropriation”) or compare these figures to the prior year’s allocations if those figures are available.

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

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