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Arkansas Senate Bill SB637

Arkansas 2025 Regular Session

Arkansas Senate Bill SB637 Compare Versions

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11 Stricken language would be deleted from and underlined language would be added to present law.
2-Act 1018 of the Regular Session
32 *HAR061* 04/09/2025 3:04:28 PM HAR061
43 State of Arkansas 1
54 95th General Assembly A Bill 2
65 Regular Session, 2025 SENATE BILL 637 3
76 4
87 By: Senator J. Dismang 5
98 By: Representative Jean 6
109 7
1110 For An Act To Be Entitled 8
1211 AN ACT TO AMEND THE REVENUE STABILIZATION LAW; TO 9
1312 DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. 10
1413 11
1514 12
1615 Subtitle 13
1716 TO AMEND THE REVENUE STABILIZATION LAW; 14
1817 AND TO DECLARE AN EMERGENCY. 15
1918 16
2019 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 17
2120 18
2221 SECTION 1. The purpose of this act is to amend the Revenue 19
2322 Stabilization Law. 20
2423 21
2524 SECTION 2. Arkansas Code 19 -5-401 is amended to read as follows: 22
2625 19-5-401. Allocations for fiscal year 2025 -2026 and thereafter. 23
2726 Commencing with the fiscal year beginning July 1, 2025, and each fiscal year 24
2827 thereafter, the Treasurer of State shall transfer all remaining general 25
2928 revenues available for distribution on the last day of business in July 2025, 26
3029 and on the last day of business in each calendar month thereafter during the 27
3130 fiscal year to the various funds and fund accounts participating in general 28
3231 revenues in the proportions of the maximum allocation as the individual 29
3332 allocation to the fund or fund account bears to the total of the maximum 30
3433 allocation as provided in ยง 19 -5-402 (a). 31
3534 32
3635 SECTION 3. Arkansas Code 19 -5-402 is amended to read as follows: 33
3736 19-5-402. Maximum allocations of revenues for fiscal year 2025 -2026 and 34
3837 thereafter. 35
3938 (a) ALLOCATION A. The Treasurer of State shall first make monthly allocations 36 SB637
4039
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4241 in the proportions set out in this subsection to the funds and fund accounts 1
4342 listed below until there has been transferred a total of six billion four 2
4443 hundred ninety three million nine hundred ninety eight thousand nine hundred 3
4544 eighty-one dollars ($6,493,998,981) or so much thereof as may become 4
4645 available; provided, that the Treasurer of State shall make such monthly 5
4746 allocations in accordance with each fund or fund account's proportionate part 6
4847 of the total of all such allocations set forth in this subsection: 7
4948 Name of Fund or Fund Account Maximum Allocation 8
5049 9
5150 PUBLIC SCHOOL FUND 10
5251 (1) Division of Elementary and Secondary Education 11
5352 Public School Fund Account $2,443,582,431 12
5453 (2) State Library Public School Fund Account $ 5,641,919 13
5554 (3) Division of Career and Technical Education Public 14
5655 School Fund Account $ 26,883,872 15
5756 (4) Division of Career and Technical Education Public 16
5857 School Fund Account - Adult Education $ 8,489,176 17
5958 18
6059 GENERAL EDUCATION FUND 19
6160 (1) Division of Elementary and Secondary Education 20
6261 Fund Account $ 18,282,199 21
6362 (2) Educational Facilities Partnership Fund Account $ - 22
6463 (3) Division of Public School Academic Facilities 23
6564 and Transportation Fund Account $ 3,052,280 24
6665 (4) Educational Television Fund Account $ 5,986,636 25
6766 (5) School for the Blind Fund Account $ 8,392,869 26
6867 (6) School for the Deaf Fund Account $ 12,098,079 27
6968 (7) State Library Fund Account $ 3,923,088 28
7069 (8) Division of Career and Technical Education Fund 29
7170 Account $ - 30
7271 (9) Rehabilitation Services Fund Account $ 11,942,101 31
7372 (10) Child Care Grant Fund Account $ 7,056,193 32
7473 (11) Child Care and Early Childhood Education 33
7574 Fund Account $ 2,589,553 34
7675 Technical Institutes: 35
7776 (12) Northwest Technical Institute Fund Account $ 3,388,836 36 SB637
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8079 1
8180 DEPARTMENT OF HUMAN SERVICES FUND 2
8281 (1) Department of Human Services Administration 3
8382 Fund Account $ 25,037,046 4
8483 (2) Children and Family Services Fund Account 139,733,393 5
8584 (3) Youth Services Fund Account 53,431,260 6
8685 (4) Developmental Disabilities Services Fund Account 65,603,057 7
8786 (5) Medical Services Fund Account 2,564,587 8
8887 (6) Department of Human Services Grants Fund Account 1,402,725,705 9
8988 (7) Behavioral Health Services Fund Account 104,981,456 10
9089 (8) Provider Services and Quality Assurance Fund 11
9190 Account 5,998,017 12
9291 (9) County Operations Fund Account 58,700,789 13
9392 14
9493 STATE GENERAL GOVERNMENT FUND 15
9594 (1) Division of Arkansas Heritage Fund Account $ 7,755,838 16
9695 (2) Department of Agriculture Fund Account 19,870,371 17
9796 (3) Department of Labor and Licensing Fund Account 4,019,479 18
9897 (4) Division of Higher Education Fund Account 12,066,588 19
9998 (5) Higher Education Grants Fund Account 43,619,625 20
10099 (6) Arkansas Economic Development Commission 21
101100 Fund Account 20,660,189 22
102101 (7) Division of Correction Inmate Care 23
103102 and Custody Fund Account 343,674,492 24
104103 (8) Division of Correction Inmate Care 25
105104 and Custody Fund Account - Medical Contract 139,398,915 26
106105 (9) Division of Community Correction Fund Account 107,773,354 27
107106 (10) Department of the Military Fund Account 8,931,344 28
108107 (11) Parks and Tourism Fund Account 22,082,257 29
109108 (12) Division of Environmental Quality 30
110109 Fund Account 4,297,361 31
111110 (13) Miscellaneous Agencies Fund Account 83,280,732 32
112111 33
113112 COUNTY AID FUND $ 21,428,616 34
114113 COUNTY JAIL REIMBURSEMENT FUND $ 34,800,000 35
115114 CRIME INFORMATION SYSTEM FUND $ 2,204,581 36 SB637
116115
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118117 CHILD SUPPORT ENFORCEMENT FUND $ 13,288,801 1
119118 PUBLIC HEALTH FUND $ 82,752,300 2
120119 PERFORMANCE FUND $ 3,150,000 3
121120 MOTOR VEHICLE ACQUISITION REVOLVING FUND $ - 4
122121 MUNICIPAL AID FUND $ 29,372,099 5
123122 DIVISION OF ARKANSAS STATE POLICE FUND $ 94,140,872 6
124123 DIVISION OF WORKFORCE SERVICES FUND -NEW HIRE REGISTRY $ 150,000 7
125124 DIVISION OF WORKFORCE SERVICES FUND -ADULT EDUCATION $ 1,057,391 8
126125 DIVISION OF WORKFORCE SERVICES FUND -MANUFACTURING 9
127126 EXTENSION NETWORK $ 679,545 10
128127 STATE SERVICES FOR THE BLIND FUND $ 1,972,456 11
129128 SKILLS DEVELOPMENT FUND $ 3,608,348 12
130129 ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND $ 187,487,318 13
131130 SUSTAINABLE BUILDING MAINTENANCE PROGRAM FOR STATE - 14
132131 SUPPORTED INSTITUTIONS OF HIGHER EDUCATION REVOLVING LOAN 15
133132 FUND $ 2,881,420 16
134133 17
135134 INSTITUTIONS OF HIGHER EDUCATION 18
136135 (1) ARKANSAS STATE UNIVERSITY FUND $ 62,862,957 19
137136 (2) ARKANSAS TECH UNIVERSITY FUND $ 35,628,929 20
138137 (3) HENDERSON STATE UNIVERSITY FUND $ 18,457,299 21
139138 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $ 17,733,361 22
140139 (5) UNIVERSITY OF ARKANSAS FUND $ 136,032,727 23
141140 (6) UNIVERSITY OF ARKANSAS FUND -UA SYSTEM $ 3,479,474 24
142141 (7) UNIVERSITY OF ARKANSAS FUND -ARCHEOLOGICAL SURVEY $ 2,369,274 25
143142 (8) UNIVERSITY OF ARKANSAS FUND -DIVISION OF 26
144143 AGRICULTURE $ 65,800,138 27
145144 (9) UNIVERSITY OF ARKANSAS FUND -CLINTON SCHOOL $ 2,336,896 28
146145 (10) UNIVERSITY OF ARKANSAS FUND -CRIMINAL JUSTICE 29
147146 INSTITUTE $ 2,458,634 30
148147 (11) SCHOOL FOR MATH, SCIENCES, AND ARTS FUND $ 1,133,048 31
149148 (12) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $ 20,886,786 32
150149 (13) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $ 58,929,169 33
151150 (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $ 93,012,881 34
152151 (15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 35
153152 CHILD ABUSE/RAPE/DOMESTIC VIOLENCE $ 350,000 36 SB637
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156155 (16) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 1
157156 PEDIATRICS/PSYCHIATRIC RESEARCH $ 1,985,100 2
158157 (17) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 3
159158 INDIGENT CARE $ 5,438,340 4
160159 (18) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $ 16,362,815 5
161160 (19) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $ 21,464,639 6
162161 (20) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND - 1890 7
163162 LAND GRANT STATE MATCH $ 5,800,000 8
164163 (21) UNIVERSITY OF CENTRAL ARKANSAS FUND $ 55,018,565 9
165164 (22) ARKANSAS NORTHEASTERN COLLEGE FUND $ 8,845,933 10
166165 (23) ARKANSAS STATE UNIVERSITY - BEEBE FUND $ 11,333,296 11
167166 (24) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $ 3,571,700 12
168167 (25) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $ 6,451,670 13
169168 (26) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY 14
170169 OF ARKANSAS FUND $ 3,750,333 15
171170 (27) UNIVERSITY OF ARKANSAS EAST ARKANSAS COMMUNITY 16
172171 COLLEGE FUND $ 8,708,498 17
173172 (28) ARKANSAS STATE UNIVERSITY MID -SOUTH FUND $ 4,058,019 18
174173 (29) ARKANSAS STATE UNIVERSITY MID -SOUTH FUND - ADTEC $ 1,527,000 19
175174 (30) NATIONAL PARK COLLEGE FUND $ 8,995,082 20
176175 (31) NORTH ARKANSAS COLLEGE FUND $ 7,529,669 21
177176 (32) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $ 11,479,213 22
178177 (33) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY 23
179178 OF ARKANSAS FUND $ 8,756,310 24
180179 (34) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH 25
181180 MOUNTAIN FUND $ 3,656,930 26
182181 (35) SAU-TECH FUND $ 5,525,530 27
183182 (36) SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY $ 375,036 28
184183 (37) SAU-TECH FUND-FIRE TRAINING ACADEMY $ 1,780,943 29
185184 (38) SOUTH ARKANSAS COLLEGE FUND $ 5,962,675 30
186185 (39) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 31
187186 BATESVILLE FUND $ 4,318,464 32
188187 (40) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 33
189188 HOPE-TEXARKANA FUND $ 4,554,683 34
190189 (41) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 35
191190 MORRILTON FUND $ 5,073,879 36 SB637
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194193 (42) BLACK RIVER TECHNICAL COLLEGE FUND $ 7,187,648 1
195194 (43) ARKANSAS STATE UNIVERSITY THREE RIVERS FUND $ 3,347,546 2
196195 (44) OZARKA COLLEGE FUND $ 3,183,318 3
197196 (45) UNIVERSITY OF ARKANSAS - PULASKI TECHNICAL COLLEGE 4
198197 FUND $ 14,694,332 5
199198 (46) SOUTHEAST ARKANSAS COLLEGE FUND $ 5,301,408 6
200199 7
201200 SECTION 4. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED 8
202201 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. DUPLICATE ACTS. If the 9
203202 House bill to amend the Revenue Stabilization Law and the Senate bill to 10
204203 amend the Revenue Stabilization Law of the 2025 Regular Session of the 95th 11
205204 General Assembly are both enacted and adopted by the 95th General Assembly in 12
206205 identical form, then the last Act passed or latest expression shall supersede 13
207206 the other. 14
208207 15
209208 SECTION 5. EMERGENCY CLAUSE. It is found and determined by the 16
210209 General Assembly of the State of Arkansas that changes in the state's fiscal 17
211210 laws must take effect at the beginning of the fiscal year; and that it is 18
212211 necessary for this act to become effective on July 1, 2025, to avoid a lapse 19
213212 in critical and essential services that the state government provides to the 20
214213 citizens of this state at the beginning of the next fiscal year. Therefore, 21
215214 an emergency is declared to exist, and this act being necessary for the 22
216215 preservation of the public peace, health, and safety shall become effective 23
217216 on July 1, 2025. 24
218217 25
219218 26
220-APPROVED: 4/22/25 27
219+ 27
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