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HB 1102

AN ACT TO MAKE AN APPROPRIATION FOR STATE TURNBACK FOR COUNTIES AND MUNICIPALITIES BY THE OFFICE OF THE TREASURER OF STATE FOR THE FISCAL YEAR ENDING JUNE 30, 2026; AND FOR OTHER PURPOSES.

2025 Regular Session

House Bill 1102 allocates $300M for property tax relief and $474M for counties and municipalities in Arkansas, enhancing local services through June 2026.

Notification that HB1102 is now Act 541
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WeVote Research Nonpartisan
Bill Summary · HB 1102

Summary of House Bill 1102 (Act 541)

Bill Number: HB 1102
Title: An Act to Make an Appropriation for State Turnback for Counties and Municipalities by the Office of the Treasurer of State for the Fiscal Year Ending June 30, 2026; and for Other Purposes.
Status: Now Act 541
Introduced: January 13, 2025
Classification: Appropriation Bill

Purpose and Intent

House Bill 1102 aims to allocate funds to support counties and municipalities in Arkansas for the fiscal year ending June 30, 2026. The bill appropriates both general and special revenues from various funds to ensure local governments have the necessary financial resources to operate effectively.

Key Provisions

The bill includes several appropriations, detailed as follows:

1. Appropriations to Municipalities

  • General Revenues: $29,372,099 from the Municipal Aid Fund.
  • Special Revenues: $215,000,000 from the Municipal Aid Fund.
  • Unanticipated Special Revenues: $10,000,000 for unexpected funds from mineral leases or other sources.

2. Appropriations to Counties

  • General Revenues: $21,428,616 from the County Aid Fund.
  • Special Revenues: $230,000,000 from the County Aid Fund, including funds from Highway Turnback and Severance Taxes.
  • Unanticipated Special Revenues: $15,000,000 for unexpected funds similar to those allocated to municipalities.
  • Property Tax Relief: $300,000,000 for property tax relief to counties from the Property Tax Relief Trust Fund.
  • Distribution for Property Tax Relief: $2,000,000 for counties and $2,000,000 for municipalities from the Property Tax Relief Trust Fund, contingent on sufficient funds.

3. Loan Provisions

  • The Chief Fiscal Officer of the State may request transfers from the Budget Stabilization Trust Fund to assist counties and municipalities with cash flow needs at the beginning of the fiscal year. These loans must be repaid from future general revenue distributions.

Who Would Be Affected

This bill directly impacts:
- Counties and Municipalities: Local governments will receive significant financial support to maintain services and infrastructure.
- Residents: The funding is intended to enhance local services, which may improve the quality of life for residents in Arkansas.

Procedural Aspects

  • Emergency Clause: The bill includes an emergency clause, allowing for immediate implementation upon enactment.
  • Legislative Timeline: The bill was introduced on January 13, 2025, and underwent several readings and amendments before being passed on April 7, 2025. It was subsequently enrolled and transmitted to the Governor's Office.

Conclusion

House Bill 1102 represents a substantial investment in local governance in Arkansas, ensuring that counties and municipalities have the financial resources necessary to operate effectively through the fiscal year ending June 30, 2026. The appropriations outlined in this bill are designed to address both anticipated and unanticipated financial needs, thereby supporting local services and infrastructure development.

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

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