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HB1029 • 2026

AN ACT FOR THE OFFICE OF THE TREASURER OF STATE - CITY-COUNTY TOURIST MEETING AND ENTERTAINMENT FACILITIES ASSISTANCE APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

AN ACT FOR THE OFFICE OF THE TREASURER OF STATE - CITY-COUNTY TOURIST MEETING AND ENTERTAINMENT FACILITIES ASSISTANCE APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Budget
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Joint Budget Committee
Last action
2026-04-22
Official status
House -- Notification that HB1029 is now Act 36
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on how the funds will be allocated or used beyond debt service and operating expenses.

Tourist Facilities Funding for 2026-2027

This act provides funding to the Office of the Treasurer of State from the City-County Tourist Facilities Aid Fund for city and county tourist facilities assistance in Arkansas for the fiscal year ending June 30, 2027.

What This Bill Does

  • Appropriates $887,908 from the City-County Tourist Facilities Aid Fund to the Office of the Treasurer of State.
  • Requires compliance with state laws and regulations when disbursing funds.
  • Specifies that the funds must be used for debt service and operating expenses related to eligible tourist facilities.

Who It Names or Affects

  • The Office of the Treasurer of State
  • City and county governments in Arkansas

Terms To Know

Appropriation
Money set aside for a specific purpose by the government.
Eligible facilities
Tourist meeting and entertainment facilities that meet certain criteria to receive funding.

Limits and Unknowns

  • The act only provides funding for one fiscal year, from July 1, 2026, to June 30, 7.
  • Details about how the funds will be used are not provided beyond debt service and operating expenses.

Bill History

No action history is stored for this bill yet.

Official Summary Text

AN ACT FOR THE OFFICE OF THE TREASURER OF STATE - CITY-COUNTY TOURIST MEETING AND ENTERTAINMENT FACILITIES ASSISTANCE APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Current Bill Text

Read the full stored bill text
Stricken language would be deleted from and underlined language would be added to present law.
*JAR095* 03/30/2026 12:39:12 PM JAR095
State of Arkansas 1
95th General Assembly A Bill 2
Fiscal Session, 2026 HOUSE BILL 1029 3
4
By: Joint Budget Committee 5
6
7
For An Act To Be Entitled 8
AN ACT TO MAKE AN APPROPRIATION FOR MAKING PAYMENTS 9
FOR CITY-COUNTY TOURIST FACILITIES AS REQUIRED BY THE 10
CITY-COUNTY TOURIST MEETING AND ENTERTAINMENT 11
FACILITIES ASSISTANCE LAW BY THE OFFICE OF THE 12
TREASURER OF STATE FOR THE FISCAL YEAR ENDING JUNE 13
30, 2027; AND FOR OTHER PURPOSES. 14
15
16
Subtitle 17
AN ACT FOR THE OFFICE OF THE TREASURER OF 18
STATE - CITY-COUNTY TOURIST MEETING AND 19
ENTERTAINMENT FACILITIES ASSISTANCE 20
APPROPRIATION FOR THE 2026-2027 FISCAL 21
YEAR. 22
23
24
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 25
26
SECTION 1. APPROPRIATION - CITY AND COUNTY TOURIST FACILITIES 27
ASSISTANCE. There is hereby appropriated, to the Office of the Treasurer of 28
State, to be payable from the City-County Tourist Facilities Aid Fund, for 29
making payments as authorized by law for publicly owned eligible facilities 30
as authorized by the City-County Tourist Meeting and Entertainment Facilities 31
Assistance Law, for the fiscal year ending June 30, 2027, the following: 32
33
ITEM FISCAL YEAR 34
NO. 2026-2027 35
(01) FACILITY DEBT SERVICE AND OPERATING 36
HB1029

2 03/30/2026 12:39:12 PM JAR095
EXPENSES $887,908 1
2
SECTION 2. COMPLIANCE WITH OTHER LAWS. Disbursement of funds 3
authorized by this act shall be limited to the appropriation for such agency 4
and funds made available by law for the support of such appropriations; and 5
the restrictions of the State Procurement Law, the General Accounting and 6
Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary 7
Procedures and Restrictions Act, or their successors, and other fiscal 8
control laws of this State, where applicable, and regulations promulgated by 9
the Department of Finance and Administration, as authorized by law, shall be 10
strictly complied with in disbursement of said funds. 11
12
SECTION 3. LEGISLATIVE INTENT. It is the intent of the General 13
Assembly that any funds disbursed under the authority of the appropriations 14
contained in this act shall be in compliance with the stated reasons for 15
which this act was adopted, as evidenced by the Agency Requests, Executive 16
Recommendations and Legislative Recommendations contained in the budget 17
manuals prepared by the Department of Finance and Administration, letters, or 18
summarized oral testimony in the official minutes of the Arkansas Legislative 19
Council or Joint Budget Committee which relate to its passage and adoption. 20
21
SECTION 4. EMERGENCY CLAUSE. It is found and determined by the General 22
Assembly, that the Constitution of the State of Arkansas prohibits the 23
appropriation of funds for more than a one (1) year period; that the 24
effectiveness of this Act on July 1, 2026 is essential to the operation of 25
the agency for which the appropriations in this Act are provided, and that in 26
the event of an extension of the legislative session, the delay in the 27
effective date of this Act beyond July 1, 2026 could work irreparable harm 28
upon the proper administration and provision of essential governmental 29
programs. Therefore, an emergency is hereby declared to exist and this Act 30
being necessary for the immediate preservation of the public peace, health 31
and safety shall be in full force and effect from and after July 1, 2026. 32
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