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SR 4

AUTHORIZING THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE REVENUE STABILIZATION LAW, TO CREATE FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

2026 Fiscal Session Introduced by Jonathan Dismang

Arkansas authorization bill permits amending the Revenue Stabilization Law to create state funds and authorize inter-fund money transfers, details pending in separate legislation.

Sine Die adjournment
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Bill Summary · SR 4

Legislative bill overview

SR 4 is an authorization resolution that permits the introduction of a separate nonappropriation bill to modify Arkansas's Revenue Stabilization Law. The resolution would enable creation of new funds and authorize transfers of money between various state funds and accounts. This is a procedural measure that sets the stage for actual budget adjustments rather than making direct changes itself.

Why is this important

Revenue Stabilization Laws typically govern how states manage budget surpluses and reserves during economic fluctuations. Authorizing amendments to this law could affect how Arkansas allocates emergency reserves, handles surplus revenue, or redistributes funds among state programs. These changes can influence fiscal flexibility during recessions or determine which state priorities receive additional resources.

Potential points of contention

  • Lack of transparency in current form: The resolution doesn't specify which funds will be created, how much money will be transferred, or which programs are affected, making it difficult for legislators and public to evaluate actual impact
  • Budget priorities unclear: Without knowing the destination of transfers, critics may argue this gives too much discretion to future decision-makers about resource allocation
  • Fund creation scope: Creating new funds could be seen as either necessary fiscal management or as obscuring spending through multiple accounts, depending on intended use

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

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