1 | 1 | | Stricken language would be deleted from and underlined language would be added to present law. |
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2 | 2 | | *TNL032* 11/20/2024 9:03:48 AM TNL032 |
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3 | 3 | | State of Arkansas 1 |
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4 | 4 | | 95th General Assembly A Bill 2 |
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5 | 5 | | Regular Session, 2025 HOUSE BILL 1027 3 |
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6 | 6 | | 4 |
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7 | 7 | | By: Representative A. Collins 5 |
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9 | 9 | | 7 |
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10 | 10 | | For An Act To Be Entitled 8 |
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11 | 11 | | AN ACT TO CREATE THE BRIGHTER START ACT OF 2025; TO 9 |
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12 | 12 | | REQUIRE THE TREASURER OF STATE TO MAKE A ONE -TIME 10 |
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13 | 13 | | CONTRIBUTION TO EACH EXISTING AND FUTURE ARKANSAS 11 |
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14 | 14 | | BRIGHTER FUTURE FUND PLAN ACCOUNT; AND FOR OTHER 12 |
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15 | 15 | | PURPOSES. 13 |
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18 | 18 | | Subtitle 16 |
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19 | 19 | | TO CREATE THE BRIGHTER START ACT OF 17 |
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20 | 20 | | 2025; AND TO REQUIRE THE TREASURER OF 18 |
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21 | 21 | | STATE TO MAKE A ONE-TIME CONTRIBUTION TO 19 |
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22 | 22 | | EACH EXISTING AND FUTURE ARKANSAS 20 |
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23 | 23 | | BRIGHTER FUTURE FUND PLAN ACCOUNT. 21 |
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24 | 24 | | 22 |
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25 | 25 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 23 |
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26 | 26 | | 24 |
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27 | 27 | | SECTION 1. DO NOT CODIFY. Title. 25 |
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28 | 28 | | This act shall be known and may be cited as the "Brighter Start Act of 26 |
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29 | 29 | | 2025". 27 |
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31 | 31 | | SECTION 2. Arkansas Code Title 6, Chapter 84, Subchapter 1, is amended 29 |
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32 | 32 | | to add an additional section to read as follows: 30 |
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33 | 33 | | 6-84-115. Contribution — Treasurer of State. 31 |
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34 | 34 | | (a) A contribution in the amount of one hundred dollars ($100) shall 32 |
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35 | 35 | | be transferred by the Treasurer of State from the General Revenue Fund 33 |
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36 | 36 | | Account of the State Apportionment Fund to each: 34 |
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37 | 37 | | (1) Existing account established for a designated beneficiary; 35 |
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38 | 38 | | and 36 HB1027 |
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40 | 40 | | 2 11/20/2024 9:03:48 AM |
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41 | 41 | | (2) Future account established for a designated beneficiary. 1 |
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42 | 42 | | (b) The Treasurer of State shall: 2 |
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43 | 43 | | (1) Administer the disbursement of funds under this section; and 3 |
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44 | 44 | | (2) Verify the eligibility under this subchapter of each 4 |
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45 | 45 | | existing account and future account that receives the contribution under 5 |
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46 | 46 | | subsection (a) of this section. 6 |
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