Stricken language would be deleted from and underlined language would be added to present law. Act 1018 of the Regular Session *HAR061* 04/09/2025 3:04:28 PM HAR061 State of Arkansas 1 95th General Assembly A Bill 2 Regular Session, 2025 SENATE BILL 637 3 4 By: Senator J. Dismang 5 By: Representative Jean 6 7 For An Act To Be Entitled 8 AN ACT TO AMEND THE REVENUE STABILIZATION LAW; TO 9 DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. 10 11 12 Subtitle 13 TO AMEND THE REVENUE STABILIZATION LAW; 14 AND TO DECLARE AN EMERGENCY. 15 16 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 17 18 SECTION 1. The purpose of this act is to amend the Revenue 19 Stabilization Law. 20 21 SECTION 2. Arkansas Code 19 -5-401 is amended to read as follows: 22 19-5-401. Allocations for fiscal year 2025 -2026 and thereafter. 23 Commencing with the fiscal year beginning July 1, 2025, and each fiscal year 24 thereafter, the Treasurer of State shall transfer all remaining general 25 revenues available for distribution on the last day of business in July 2025, 26 and on the last day of business in each calendar month thereafter during the 27 fiscal year to the various funds and fund accounts participating in general 28 revenues in the proportions of the maximum allocation as the individual 29 allocation to the fund or fund account bears to the total of the maximum 30 allocation as provided in ยง 19 -5-402 (a). 31 32 SECTION 3. Arkansas Code 19 -5-402 is amended to read as follows: 33 19-5-402. Maximum allocations of revenues for fiscal year 2025 -2026 and 34 thereafter. 35 (a) ALLOCATION A. The Treasurer of State shall first make monthly allocations 36 SB637 2 04/09/2025 3:04:28 PM HAR061 in the proportions set out in this subsection to the funds and fund accounts 1 listed below until there has been transferred a total of six billion four 2 hundred ninety three million nine hundred ninety eight thousand nine hundred 3 eighty-one dollars ($6,493,998,981) or so much thereof as may become 4 available; provided, that the Treasurer of State shall make such monthly 5 allocations in accordance with each fund or fund account's proportionate part 6 of the total of all such allocations set forth in this subsection: 7 Name of Fund or Fund Account Maximum Allocation 8 9 PUBLIC SCHOOL FUND 10 (1) Division of Elementary and Secondary Education 11 Public School Fund Account $2,443,582,431 12 (2) State Library Public School Fund Account $ 5,641,919 13 (3) Division of Career and Technical Education Public 14 School Fund Account $ 26,883,872 15 (4) Division of Career and Technical Education Public 16 School Fund Account - Adult Education $ 8,489,176 17 18 GENERAL EDUCATION FUND 19 (1) Division of Elementary and Secondary Education 20 Fund Account $ 18,282,199 21 (2) Educational Facilities Partnership Fund Account $ - 22 (3) Division of Public School Academic Facilities 23 and Transportation Fund Account $ 3,052,280 24 (4) Educational Television Fund Account $ 5,986,636 25 (5) School for the Blind Fund Account $ 8,392,869 26 (6) School for the Deaf Fund Account $ 12,098,079 27 (7) State Library Fund Account $ 3,923,088 28 (8) Division of Career and Technical Education Fund 29 Account $ - 30 (9) Rehabilitation Services Fund Account $ 11,942,101 31 (10) Child Care Grant Fund Account $ 7,056,193 32 (11) Child Care and Early Childhood Education 33 Fund Account $ 2,589,553 34 Technical Institutes: 35 (12) Northwest Technical Institute Fund Account $ 3,388,836 36 SB637 3 04/09/2025 3:04:28 PM HAR061 1 DEPARTMENT OF HUMAN SERVICES FUND 2 (1) Department of Human Services Administration 3 Fund Account $ 25,037,046 4 (2) Children and Family Services Fund Account 139,733,393 5 (3) Youth Services Fund Account 53,431,260 6 (4) Developmental Disabilities Services Fund Account 65,603,057 7 (5) Medical Services Fund Account 2,564,587 8 (6) Department of Human Services Grants Fund Account 1,402,725,705 9 (7) Behavioral Health Services Fund Account 104,981,456 10 (8) Provider Services and Quality Assurance Fund 11 Account 5,998,017 12 (9) County Operations Fund Account 58,700,789 13 14 STATE GENERAL GOVERNMENT FUND 15 (1) Division of Arkansas Heritage Fund Account $ 7,755,838 16 (2) Department of Agriculture Fund Account 19,870,371 17 (3) Department of Labor and Licensing Fund Account 4,019,479 18 (4) Division of Higher Education Fund Account 12,066,588 19 (5) Higher Education Grants Fund Account 43,619,625 20 (6) Arkansas Economic Development Commission 21 Fund Account 20,660,189 22 (7) Division of Correction Inmate Care 23 and Custody Fund Account 343,674,492 24 (8) Division of Correction Inmate Care 25 and Custody Fund Account - Medical Contract 139,398,915 26 (9) Division of Community Correction Fund Account 107,773,354 27 (10) Department of the Military Fund Account 8,931,344 28 (11) Parks and Tourism Fund Account 22,082,257 29 (12) Division of Environmental Quality 30 Fund Account 4,297,361 31 (13) Miscellaneous Agencies Fund Account 83,280,732 32 33 COUNTY AID FUND $ 21,428,616 34 COUNTY JAIL REIMBURSEMENT FUND $ 34,800,000 35 CRIME INFORMATION SYSTEM FUND $ 2,204,581 36 SB637 4 04/09/2025 3:04:28 PM HAR061 CHILD SUPPORT ENFORCEMENT FUND $ 13,288,801 1 PUBLIC HEALTH FUND $ 82,752,300 2 PERFORMANCE FUND $ 3,150,000 3 MOTOR VEHICLE ACQUISITION REVOLVING FUND $ - 4 MUNICIPAL AID FUND $ 29,372,099 5 DIVISION OF ARKANSAS STATE POLICE FUND $ 94,140,872 6 DIVISION OF WORKFORCE SERVICES FUND -NEW HIRE REGISTRY $ 150,000 7 DIVISION OF WORKFORCE SERVICES FUND -ADULT EDUCATION $ 1,057,391 8 DIVISION OF WORKFORCE SERVICES FUND -MANUFACTURING 9 EXTENSION NETWORK $ 679,545 10 STATE SERVICES FOR THE BLIND FUND $ 1,972,456 11 SKILLS DEVELOPMENT FUND $ 3,608,348 12 ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND $ 187,487,318 13 SUSTAINABLE BUILDING MAINTENANCE PROGRAM FOR STATE - 14 SUPPORTED INSTITUTIONS OF HIGHER EDUCATION REVOLVING LOAN 15 FUND $ 2,881,420 16 17 INSTITUTIONS OF HIGHER EDUCATION 18 (1) ARKANSAS STATE UNIVERSITY FUND $ 62,862,957 19 (2) ARKANSAS TECH UNIVERSITY FUND $ 35,628,929 20 (3) HENDERSON STATE UNIVERSITY FUND $ 18,457,299 21 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $ 17,733,361 22 (5) UNIVERSITY OF ARKANSAS FUND $ 136,032,727 23 (6) UNIVERSITY OF ARKANSAS FUND -UA SYSTEM $ 3,479,474 24 (7) UNIVERSITY OF ARKANSAS FUND -ARCHEOLOGICAL SURVEY $ 2,369,274 25 (8) UNIVERSITY OF ARKANSAS FUND -DIVISION OF 26 AGRICULTURE $ 65,800,138 27 (9) UNIVERSITY OF ARKANSAS FUND -CLINTON SCHOOL $ 2,336,896 28 (10) UNIVERSITY OF ARKANSAS FUND -CRIMINAL JUSTICE 29 INSTITUTE $ 2,458,634 30 (11) SCHOOL FOR MATH, SCIENCES, AND ARTS FUND $ 1,133,048 31 (12) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $ 20,886,786 32 (13) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $ 58,929,169 33 (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $ 93,012,881 34 (15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 35 CHILD ABUSE/RAPE/DOMESTIC VIOLENCE $ 350,000 36 SB637 5 04/09/2025 3:04:28 PM HAR061 (16) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 1 PEDIATRICS/PSYCHIATRIC RESEARCH $ 1,985,100 2 (17) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 3 INDIGENT CARE $ 5,438,340 4 (18) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $ 16,362,815 5 (19) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $ 21,464,639 6 (20) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND - 1890 7 LAND GRANT STATE MATCH $ 5,800,000 8 (21) UNIVERSITY OF CENTRAL ARKANSAS FUND $ 55,018,565 9 (22) ARKANSAS NORTHEASTERN COLLEGE FUND $ 8,845,933 10 (23) ARKANSAS STATE UNIVERSITY - BEEBE FUND $ 11,333,296 11 (24) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $ 3,571,700 12 (25) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $ 6,451,670 13 (26) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY 14 OF ARKANSAS FUND $ 3,750,333 15 (27) UNIVERSITY OF ARKANSAS EAST ARKANSAS COMMUNITY 16 COLLEGE FUND $ 8,708,498 17 (28) ARKANSAS STATE UNIVERSITY MID -SOUTH FUND $ 4,058,019 18 (29) ARKANSAS STATE UNIVERSITY MID -SOUTH FUND - ADTEC $ 1,527,000 19 (30) NATIONAL PARK COLLEGE FUND $ 8,995,082 20 (31) NORTH ARKANSAS COLLEGE FUND $ 7,529,669 21 (32) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $ 11,479,213 22 (33) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY 23 OF ARKANSAS FUND $ 8,756,310 24 (34) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH 25 MOUNTAIN FUND $ 3,656,930 26 (35) SAU-TECH FUND $ 5,525,530 27 (36) SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY $ 375,036 28 (37) SAU-TECH FUND-FIRE TRAINING ACADEMY $ 1,780,943 29 (38) SOUTH ARKANSAS COLLEGE FUND $ 5,962,675 30 (39) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 31 BATESVILLE FUND $ 4,318,464 32 (40) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 33 HOPE-TEXARKANA FUND $ 4,554,683 34 (41) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 35 MORRILTON FUND $ 5,073,879 36 SB637 6 04/09/2025 3:04:28 PM HAR061 (42) BLACK RIVER TECHNICAL COLLEGE FUND $ 7,187,648 1 (43) ARKANSAS STATE UNIVERSITY THREE RIVERS FUND $ 3,347,546 2 (44) OZARKA COLLEGE FUND $ 3,183,318 3 (45) UNIVERSITY OF ARKANSAS - PULASKI TECHNICAL COLLEGE 4 FUND $ 14,694,332 5 (46) SOUTHEAST ARKANSAS COLLEGE FUND $ 5,301,408 6 7 SECTION 4. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED 8 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. DUPLICATE ACTS. If the 9 House bill to amend the Revenue Stabilization Law and the Senate bill to 10 amend the Revenue Stabilization Law of the 2025 Regular Session of the 95th 11 General Assembly are both enacted and adopted by the 95th General Assembly in 12 identical form, then the last Act passed or latest expression shall supersede 13 the other. 14 15 SECTION 5. EMERGENCY CLAUSE. It is found and determined by the 16 General Assembly of the State of Arkansas that changes in the state's fiscal 17 laws must take effect at the beginning of the fiscal year; and that it is 18 necessary for this act to become effective on July 1, 2025, to avoid a lapse 19 in critical and essential services that the state government provides to the 20 citizens of this state at the beginning of the next fiscal year. Therefore, 21 an emergency is declared to exist, and this act being necessary for the 22 preservation of the public peace, health, and safety shall become effective 23 on July 1, 2025. 24 25 26 APPROVED: 4/22/25 27 28 29 30 31 32 33 34 35 36