Arkansas2026Active
HB1034
Funding for Arkansas Treasurer's Office (2026-2027)
Last scannedAug 22, 2026, 3:15 AM
In one sentence
This law provides money and sets staff limits to run the Office of the Treasurer of State during the fiscal year ending June 30, 2027.
What it does
- Sets a maximum limit of 33 regular employees for specific job titles in the office.
- Allows up to five temporary or part-time workers when needed.
- Provides $7,974,734 from the State Central Services Fund for salaries and operations.
- Funds programs including the Arkansas 529 College Savings Program, the Arkansas ABLE Program, financial education, debt collection, data processing, and security.
- Lets the Treasurer move money between budget items with approval from state leaders.
Who it affects
- The Office of the Treasurer of State in Arkansas
- Employees working for the Treasurer's office
Limits and unknowns
- The law states it becomes effective on July 1, 2026.
- Salary increases for employees depend on decisions made by other state agencies or the Treasurer's discretion.
- Some rules about moving money only apply if approved by the Chief Fiscal Officer and reviewed by the Arkansas Legislative Council or Joint Budget Committee.
Plain language
Terms to know
- Appropriation
- Money officially set aside by the government for a specific purpose.
- Fiscal Year
- A one-year period used for budgeting, which runs from July 1 to June 30 in this case.
- Extra Help
- Temporary or part-time workers hired when the office needs more staff than usual.
Official record
Sources
Official summary
AN ACT FOR THE OFFICE OF THE TREASURER OF STATE APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.