To Authorize A Nonappropriation Bill To Require A Fiscal Impact Statement For Any Proposed Legislation Imposing A New Or Increased Cost Obligation For Health Benefit Plans, Including Pharmacy Benefits, On An Entity Of The State.
Impact
If passed, SR3 would significantly alter the legislative process regarding health benefit plans by mandating a fiscal impact statement be attached to relevant bills. This requirement seeks to improve the transparency of the financial ramifications that such bills could impose on state funds and the public school system. It would not only affect the introduction of new health benefit plans but also the legislative review process for existing ones. Should a bill fail to include the necessary fiscal impact statement, it would face delays unless an objection is overridden, which signifies a greater scrutiny of fiscal responsibilities involved in health care legislation.
Summary
Senate Resolution 3 (SR3) aims to require a fiscal impact statement for any proposed legislation that would impose a new or increased cost obligation for health benefit plans, including pharmacy benefits, on state entities. This resolution calls for accountability and clarity in the financial implications of such legislation, ensuring that lawmakers are informed of the potential costs associated with changes to health benefit regulations before they can be enacted. The intent is to protect state employees and public school employees who are affected by these benefit plans.
Contention
Discussion surrounding SR3 has highlighted some notable points of contention. Proponents argue that the bill promotes fiscal responsibility and informed decision-making, thereby safeguarding state resources and ensuring that any new legislation does not inadvertently subject public entities to increased financial burdens. Conversely, opponents raise concerns about potential delays in the legislative process, arguing that such requirements might hinder timely responses to urgent health care needs. The balance between ensuring comprehensive fiscal assessments and maintaining an efficient legislative process remains a central theme in the debate over SR3.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Amend The Requirements For A Digital Asset Mining Business Or Business Using A Blockchain Network.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Amend The Requirements For A Digital Asset Mining Business Or Business Using A Blockchain Network.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023; And To Regulate The Impact On Water Usage And The Electric Grid By Blockchain Networks And Digital Asset Mining.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023; And To Regulate The Impact On Water Usage And The Electric Grid By Blockchain Networks And Digital Asset Mining.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Prohibit Foreign-party-controlled Ownership Of A Digital Asset Mining Business.
To Authorize The Introduction Of A Nonappropriation Bill To Require A Digital Asset Mining Business To Pay A Fee For Extraordinary Electrical Energy Usage.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Prohibit Foreign-party-controlled Ownership Of A Digital Asset Mining Business.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Acts Of 2023, To Regulate Digital Asset Mining Businesses And Businesses Utilizing A Blockchain Network, And To Declare An Emergency.