Arkansas 2025 Regular Session

Arkansas House Bill HB1027 Compare Versions

Only one version of the bill is available at this time.
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11 Stricken language would be deleted from and underlined language would be added to present law.
22 *TNL032* 11/20/2024 9:03:48 AM TNL032
33 State of Arkansas 1
44 95th General Assembly A Bill 2
55 Regular Session, 2025 HOUSE BILL 1027 3
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77 By: Representative A. Collins 5
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1010 For An Act To Be Entitled 8
1111 AN ACT TO CREATE THE BRIGHTER START ACT OF 2025; TO 9
1212 REQUIRE THE TREASURER OF STATE TO MAKE A ONE -TIME 10
1313 CONTRIBUTION TO EACH EXISTING AND FUTURE ARKANSAS 11
1414 BRIGHTER FUTURE FUND PLAN ACCOUNT; AND FOR OTHER 12
1515 PURPOSES. 13
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1818 Subtitle 16
1919 TO CREATE THE BRIGHTER START ACT OF 17
2020 2025; AND TO REQUIRE THE TREASURER OF 18
2121 STATE TO MAKE A ONE-TIME CONTRIBUTION TO 19
2222 EACH EXISTING AND FUTURE ARKANSAS 20
2323 BRIGHTER FUTURE FUND PLAN ACCOUNT. 21
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2525 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 23
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2727 SECTION 1. DO NOT CODIFY. Title. 25
2828 This act shall be known and may be cited as the "Brighter Start Act of 26
2929 2025". 27
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3131 SECTION 2. Arkansas Code Title 6, Chapter 84, Subchapter 1, is amended 29
3232 to add an additional section to read as follows: 30
3333 6-84-115. Contribution — Treasurer of State. 31
3434 (a) A contribution in the amount of one hundred dollars ($100) shall 32
3535 be transferred by the Treasurer of State from the General Revenue Fund 33
3636 Account of the State Apportionment Fund to each: 34
3737 (1) Existing account established for a designated beneficiary; 35
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4141 (2) Future account established for a designated beneficiary. 1
4242 (b) The Treasurer of State shall: 2
4343 (1) Administer the disbursement of funds under this section; and 3
4444 (2) Verify the eligibility under this subchapter of each 4
4545 existing account and future account that receives the contribution under 5
4646 subsection (a) of this section. 6
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