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SB 381

RELATING TO PUBLIC AGENCY MEETINGS.

2025 Regular Session Introduced by Stanley Chang and 4 co-sponsors

SB 381 streamlines reporting for Arkansas's Department of Finance, saving five hours annually by repealing the annual report on the Multistate Tax Commission's activities.

Reported from GVO (Stand. Com. Rep. No. 314) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.
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Bill Summary · SB 381

Summary of Senate Bill 381 (SB 381)

Purpose and Intent

Senate Bill 381 (SB 381) aims to streamline the reporting requirements of the Arkansas Department of Finance and Administration (DFA) by repealing the mandate for an annual report on the activities of the Multistate Tax Commission (MTC) and Arkansas's participation in it. The bill seeks to reduce administrative burdens and allow DFA employees to focus on their core responsibilities.

Key Provisions

  • Repeal of Reporting Requirement: The bill repeals Arkansas Code § 26-5-109, which previously required the DFA to prepare and submit an annual report detailing:
    • Activities of the Multistate Tax Commission.
    • Arkansas's participation in MTC activities.
    • Recommendations made by the MTC.
  • Administrative Efficiency: The elimination of this reporting requirement is expected to save approximately five hours of work annually for DFA employees, allowing them to allocate time to other job duties.

Impact

  • Affected Entities:
    • The primary entity affected by this bill is the Arkansas Department of Finance and Administration, which will no longer need to prepare the annual report.
    • The Multistate Tax Commission, which consists of multiple states working together on tax policy, will continue its operations without the need for Arkansas to report its activities formally.
  • Fiscal Impact: The bill is projected to have no fiscal impact on the state budget or taxpayers, as it does not involve any financial expenditures or savings.

Procedural Aspects

  • Legislative Journey:
    • Introduced on March 5, 2025.
    • Reported from the Government Operations Committee (GVO) with amendments and recommended for passage on Second Reading.
    • Passed through various readings and committee approvals before being delivered to the Governor.
    • As of April 7, 2025, SB 381 has been enacted as Act 465.

Conclusion

SB 381 represents a legislative effort to reduce unnecessary reporting requirements for state agencies, thereby enhancing operational efficiency. By repealing the annual report requirement for the DFA regarding the Multistate Tax Commission, the bill allows state resources to be better utilized while maintaining the state's participation in multistate tax activities.

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

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