To Make Technical Corrections To Title 19 Of The Arkansas Code Concerning Public Finance.
Impact
The implications of HB1359 are significant for the management and understanding of public finance in Arkansas. By removing outdated phrases and clarifying the statutory language, this legislation is intended to improve the functional application of public finance laws. This could lead to better regulatory practices and financial management within state agencies, effectively streamlining operations and ensuring that legal interpretations align with current practices.
Summary
House Bill 1359 is introduced as a measure to make technical corrections to Title 19 of the Arkansas Code, which pertains to public finance. The primary objective of this bill is to repeal obsolete language and implement stylistic improvements to existing statutes. It aims to clarify and update the legal framework without altering the substantive meaning of the laws involved. By refining the legal language, the bill seeks to enhance the clarity and consistency of public finance regulations in Arkansas.
Contention
There seems to be minimal contention surrounding HB1359 as it focuses on technical corrections rather than major policy shifts. However, discussions in legislative circles typically highlight the importance of maintaining accurate and relevant legal text in the Arkansas Code. Some stakeholders may express concerns regarding the resources spent on making such technical amendments, especially when more critical financial issues demand legislative attention. Nevertheless, the overall consensus reflects a recognition of the necessity of keeping laws up to date.