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HB 1100

TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.

2026 Fiscal Session Introduced by Lane Jean

Arkansas HB 1100 would create new funds and authorize transfers to and from them under revised Revenue Stabilization rules, effective July 1, 2026.

Notification that HB1100 is now Act 143
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WeVote Research Nonpartisan
Bill Summary · HB 1100

Summary of HB 1100 (2026F, Arkansas)

Overview

  • Bill: HB 1100
  • Session: 2026 Fiscal Session
  • Jurisdiction: Arkansas
  • Sponsor: Representative Lane Jean (with co-sponsor)
  • Title/Purpose: To amend the Revenue Stabilization Law; to create funds; to authorize transfers to and from funds and fund accounts; and to declare an emergency.

What the bill aims to do

  • Amend Arkansas’s Revenue Stabilization Law.
  • Create new funds and/or fund accounts.
  • Establish authority for transfers to and from these funds and fund accounts.
  • Declare the act an emergency to take effect promptly at the start of the next fiscal year.

Key provisions and changes (highlights)

  • Amendment of Revenue Stabilization Law: The bill directs changes to how revenue stabilization is managed under state law. The exact statutory changes are not detailed in the summary text provided, but the intent is to modify mechanisms related to maintaining or stabilizing state revenues.
  • Creation of Funds/Accounts: The bill provides for the creation of one or more new funds or fund accounts. These would be separate from existing state funds and designated for specific purposes as defined by the legislation.
  • Transfers To/From Funds: The bill authorizes transfers between the state’s general funds and the newly created funds/fund accounts, or between the new funds themselves, subject to the rules established in the act. This implies a framework for moving money to certain reserves or dedicated accounts and back, potentially for budgeting stability or earmarked programs.
  • Emergency Declaration: The bill includes an emergency clause, aiming to make the act effective July 1, 2026 (the start of the upcoming fiscal year) to prevent service lapses and ensure continuity of essential government functions.

Who/what would be affected

  • State Government Finances: The primary impact is on the state's budgeting and revenue stabilization framework, altering how funds are managed and how transfers are conducted.
  • Funded Programs/Services: Depending on the specific funds created and transfer rules, programs that rely on stabilization mechanisms or dedicated reserves may experience changes in funding availability, timing, or earmarking.
  • State Agencies and Departments: Agencies may need to adjust internal budgeting processes to align with new fund accounts and transfer authority.

Procedural and timeline aspects

  • Effective Date: Emergency clause sets July 1, 2026, aligning with the start of the new fiscal year.
  • Lapse Prevention: The emergency explicit purpose is to prevent interruptions in essential government services at the beginning of the next fiscal year.
  • Legislative Process: As a bill introduced in the 2026 session, it would typically proceed through committee reviews, potential amendments, and voting in both chambers before reaching the governor for signature. The emergency clause, if enacted, would fast-track or accelerate effective date.

Notes for readers

  • The provided text does not include the exact language of the amendments or the specific names and purposes of any new funds or fund accounts. To fully assess impact (e.g., which programs are affected, permissible transfer limits, or sunset provisions), the full bill text and any fiscal notes or committee analyses would be needed.
  • The bill’s focus on transfers between funds suggests an emphasis on liquidity management, reserve building, or earmarked spending authority within the state’s fiscal framework.

If you’d like, I can create a more detailed analysis once the full text and fiscal implications are available.

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

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