HR1004 • 2026

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE REVENUE STABILIZATION LAW, TO CREATE FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

Budget Taxes

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Jean
Last action: 2026-04-03
Official status: House -- READ AND ADOPTED.
Effective date: Not listed

Plain English Breakdown

The bill summary and text do not provide specific details about the exact nature or purpose of funds being created or transferred.

Law to Change Money Rules

This law allows Representative Jean to introduce a bill that changes how money is managed and transferred under the Revenue Stabilization Law.

What This Bill Does

Allows Representative Jean to introduce a new bill about managing state funds.
Changes the Revenue Stabilization Law to create new funds and transfer money between them.

Who It Names or Affects

State agencies that manage the budget and funds.

Terms To Know

Revenue Stabilization Law: A law about how Arkansas manages its money to keep a stable budget.
Fund accounts: Special parts of the state's budget where money is kept for specific purposes.

Limits and Unknowns

The exact details of how funds will be created and transferred are not provided in this summary.
It does not specify which services might face issues if the law doesn't take effect on time.

Bill History

No action history is stored for this bill yet.

Official Summary Text

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE REVENUE STABILIZATION LAW, TO CREATE FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

Current Bill Text

Read the full stored bill text

*MBM247* 04/03/2026 10:42:24 AM MBM247
State of Arkansas 1
95th General Assembly 2
Fiscal Session, 2026 HR 1004 3
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By: Representative Jean 5
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HOUSE RESOLUTION 8
TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION 9
BILL TO AMEND THE REVENUE STABILIZATION LAW, TO 10
CREATE FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS 11
AND FUND ACCOUNTS. 12
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Subtitle 15
TO AUTHORIZE THE INTRODUCTION OF A 16
NONAPPROPRIATION BILL TO AMEND THE 17
REVENUE STABILIZATION LAW, TO CREATE 18
FUNDS, AND TO MAKE TRANSFERS TO AND FROM 19
FUNDS AND FUND ACCOUNTS. 20
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BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL 23
ASSEMBLY OF THE STATE OF ARKANSAS: 24
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THAT Representative Jean is authorized to introduce a bill which as 26
introduced will read substantially as follows: 27
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"Title 29
AN ACT TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE 30
TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; TO DECLARE AN EMERGENCY; AND 31
FOR OTHER PURPOSES. 32
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Subtitle 34
TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO 35
AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY. 36
HR1004

2 04/03/2026 10:42:24 AM MBM247
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 2
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SECTION 1. The purpose of this act is to amend the Revenue 4
Stabilization Law, § 19-20-101 et seq., to create funds, and to make 5
transfers to and from funds and fund accounts. 6
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SECTION 2. EMERGENCY CLAUSE. It is found and determined by the 8
General Assembly of the State of Arkansas that changes to the state's fiscal 9
laws must take effect at the beginning of the fiscal year; and that it is 10
necessary for this act to become effective on July 1, 2026, to avoid a lapse 11
in critical and essential services that the state government provides to the 12
citizens of this state at the beginning of the next fiscal year. Therefore, 13
an emergency is declared to exist, and this act being necessary for the 14
preservation of the public peace, health, and safety shall become effective 15
on July 1, 2026." 16
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