WeVote

Bill

Bill

HB 2003

Prohibiting Cell phones in class

2025 Regular Session Introduced by Roger Hanshaw

House Bill 2003 allocates $6.49 billion for fiscal year 2025-2026, boosting funding for education, human services, and local governments in Arkansas.

Chapter 93, Acts, Regular Session, 2025
0
WeVote Research Nonpartisan
Bill Summary · HB 2003

Summary of House Bill 2003 (HB 2003)

Overview

House Bill 2003, now known as Act 1014, was introduced in the Arkansas General Assembly on April 9, 2025. The primary purpose of this legislation is to amend the Revenue Stabilization Law, which governs the allocation of state revenues. The bill includes an emergency clause, allowing it to take effect immediately upon passage.

Key Provisions

Amendments to Revenue Allocation

  1. Fiscal Year Allocations:

    • The bill specifies that starting from July 1, 2025, the Treasurer of State will transfer all remaining general revenues available for distribution at the end of each month to various funds and accounts. This process will continue each month throughout the fiscal year.
  2. Maximum Allocations:

    • The bill sets a total maximum allocation of $6,493,998,981 for the fiscal year 2025-2026. This amount will be distributed among several designated funds and accounts, including:
      • Public School Fund: $2,443,582,431
      • Department of Human Services Fund: $139,733,393 for Children and Family Services
      • Higher Education Funds: Allocations for various universities and colleges, including Arkansas State University and the University of Arkansas Medical Center.

Specific Fund Allocations

The bill outlines detailed allocations for numerous funds, including but not limited to:
- General Education Fund: $3,052,280 for Educational Facilities Partnership.
- Public Health Fund: $82,752,300.
- County Aid Fund: $21,428,616.
- Crime Information System Fund: $2,204,581.

Impact

Who is Affected?

  • Educational Institutions: The bill provides significant funding for public schools and higher education institutions, impacting students, educators, and educational facilities across Arkansas.
  • Human Services: Allocations to the Department of Human Services will support various programs aimed at children, families, and individuals with disabilities.
  • Local Governments: The County Aid Fund and other local allocations will provide financial support to local governments for various services.

Emergency Clause

The inclusion of an emergency clause means that the provisions of this act will take effect immediately upon its passage, ensuring that the allocations can be implemented without delay.

Legislative Timeline

  • April 9, 2025: Bill filed.
  • April 10, 2025: Read and referred to the Joint Budget Committee.
  • April 14-16, 2025: Passed through the House and Senate with emergency clauses adopted.
  • April 22, 2025: Notification that HB 2003 is now Act 1014.

Conclusion

HB 2003 represents a significant legislative effort to amend the Revenue Stabilization Law in Arkansas, ensuring that essential services, particularly in education and human services, receive necessary funding. The swift passage of this bill reflects its importance to the state's budgetary framework and its commitment to supporting various sectors within Arkansas.

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

Sign in to ask a question.