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*HAR140* 04-27-2026 15:23:49 HAR140
State of Arkansas As Engrossed: S4/27/26 1
95th General Assembly A Bill 2
Fiscal Session, 2026 SENATE BILL 75 3
4
By: Senator J. Dismang 5
6
7
For An Act To Be Entitled 8
AN ACT TO AMEND THE REVENUE STABILIZATION LAW; TO 9
CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND 10
FUND ACCOUNTS; TO DECLARE AN EMERGENCY; AND FOR OTHER 11
PURPOSES. 12
13
14
Subtitle 15
TO AMEND THE REVENUE STABILIZATION LAW; 16
TO CREATE FUNDS; TO MAKE TRANSFERS TO 17
AND FROM FUNDS AND FUND ACCOUNTS; AND TO 18
DECLARE AN EMERGENCY. 19
20
21
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 22
23
SECTION 1. The purpose of this act is to amend the Revenue 24
Stabilization Law and to create funds, and to make transfers to and from 25
funds and fund accounts. 26
27
SECTION 2. Arkansas Code 19-23-101 is amended to read as follows: 28
19-23-101. Allocations for fiscal year 2026-2027 and thereafter. 29
Commencing with the fiscal year beginning July 1, 2026, and each fiscal year 30
thereafter, the Treasurer of State shall transfer all remaining general 31
revenues available for distribution on the last day of business in July 2026, 32
and on the last day of business in each calendar month thereafter during the 33
fiscal year to the various funds and fund accounts participating in general 34
revenues in the proportions of the maximum allocation as the individual 35
allocation to the fund or fund account bears to the total of the maximum 36
As Engrossed: S4/27/26 SB75
2 04-27-2026 15:23:49 HAR140
allocation as provided in § 19-23-101 (a) and (b). 1
2
SECTION 3. Arkansas Code 19-23-102 is amended to read as follows: 3
19-23-102. Maximum allocations of revenues for fiscal year 2026-2027 and 4
thereafter. 5
(a) ALLOCATION A. The Treasurer of State shall first make monthly allocations 6
in the proportions set out in this subsection to the funds and fund accounts 7
listed below until there has been transferred a total of six billion six 8
hundred forty four million four hundred twenty three thousand three hundred 9
forty-eight dollars ($6,644,423,348) or so much thereof as may become 10
available; provided, that the Treasurer of State shall make such monthly 11
allocations in accordance with each fund or fund account's proportionate part 12
of the total of all such allocations set forth in this subsection: 13
Name of Fund or Fund Account Maximum Allocation 14
PUBLIC SCHOOL FUND 15
(1) Division of Elementary and Secondary Education 16
Public School Fund Account $2,443,582,431 17
(2) State Library Public School Fund Account $ 5,246,985 18
(3) Division of Career and Technical Education Public 19
School Fund Account $ 25,002,001 20
(4) Division of Career and Technical Education Public 21
School Fund Account - Adult Education $ 7,894,934 22
23
GENERAL EDUCATION FUND 24
(1) Division of Elementary and Secondary Education 25
Fund Account $ 18,282,199 26
(2) Educational Facilities Partnership Fund Account $ - 27
(3) Division of Public School Academic Facilities 28
and Transportation Fund Account $ 3,052,280 29
(4) Educational Television Fund Account $ 5,986,636 30
(5) Arkansas School for the Deaf and Blind Fund Account $ 20,490,948 31
(6) State Library Fund Account $ 3,648,472 32
(7) Rehabilitation Services Fund Account $ 11,106,154 33
(8) Child Care Grant Fund Account $ 7,056,193 34
(9) Child Care and Early Childhood Education 35
Fund Account $ 2,589,553 36
As Engrossed: S4/27/26 SB75
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Technical Institutes: 1
(10) Northwest Technical Institute Fund Account $ 3,151,617 2
3
DEPARTMENT OF HUMAN SERVICES FUND 4
(1) Department of Human Services Administration 5
Fund Account $ 23,284,453 6
(2) Children and Family Services Fund Account 129,952,055 7
(3) Youth Services Fund Account 49,691,072 8
(4) Developmental Disabilities Services Fund Account 61,010,843 9
(5) Medical Services Fund Account 2,385,066 10
(6) Department of Human Services Grants Fund Account 1,402,725,705 11
(7) Behavioral Health Services Fund Account 97,632,754 12
(8) Provider Services and Quality Assurance Fund 13
Account 5,578,156 14
(9) County Operations Fund Account 57,705,676 15
16
STATE GENERAL GOVERNMENT FUND 17
(1) Division of Arkansas Heritage Fund Account $ 7,212,929 18
(2) Department of Agriculture Fund Account 21,528,662 19
(3) Department of Labor and Licensing Fund Account 3,738,115 20
(4) Division of Higher Education Fund Account 12,066,588 21
(5) Higher Education Grants Fund Account 43,619,625 22
(6) Arkansas Economic Development Commission 23
Fund Account 19,213,976 24
(7) Division of Correction Inmate Care 25
and Custody Fund Account 431,457,721 26
(8) Division of Correction Inmate Care 27
and Custody Fund Account - Medical Contract 144,398,915 28
(9) Division of Community Correction Fund Account 60,957,735 29
(10) Department of the Military Fund Account 8,306,150 30
(11) Parks and Tourism Fund Account 22,082,257 31
(12) Division of Environmental Quality 32
Fund Account 3,996,546 33
(13) Miscellaneous Agencies Fund Account 102,041,390 34
35
COUNTY AID FUND $ 19,928,613 36
As Engrossed: S4/27/26 SB75
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COUNTY JAIL REIMBURSEMENT FUND $ 34,800,000 1
CRIME INFORMATION SYSTEM FUND $ 2,204,581 2
CHILD SUPPORT ENFORCEMENT FUND $ 12,358,585 3
PUBLIC HEALTH FUND $ 77,059,639 4
PERFORMANCE FUND $ - 5
MUNICIPAL AID FUND $ 27,316,052 6
DIVISION OF ARKANSAS STATE POLICE FUND $ 103,150,337 7
DIVISION OF WORKFORCE SERVICES FUND-NEW HIRE REGISTRY $ 139,500 8
DIVISION OF WORKFORCE SERVICES FUND-ADULT EDUCATION $ 983,374 9
DIVISION OF WORKFORCE SERVICES FUND-MANUFACTURING 10
EXTENSION NETWORK $ 631,977 11
STATE SERVICES FOR THE BLIND FUND $ 1,834,384 12
SKILLS DEVELOPMENT FUND $ 3,355,764 13
ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND $ 309,487,318 14
SUSTAINABLE BUILDING MAINTENANCE PROGRAM FOR STATE- 15
SUPPORTED INSTITUTIONS OF HIGHER EDUCATION REVOLVING LOAN 16
FUND $ - 17
18
INSTITUTIONS OF HIGHER EDUCATION 19
(1) ARKANSAS STATE UNIVERSITY FUND $ 64,866,267 20
(2) ARKANSAS TECH UNIVERSITY FUND $ 36,461,729 21
(3) HENDERSON STATE UNIVERSITY FUND $ 17,971,602 22
(4) SOUTHERN ARKANSAS UNIVERSITY FUND $ 19,015,278 23
(5) UNIVERSITY OF ARKANSAS FUND $ 140,385,133 24
(6) UNIVERSITY OF ARKANSAS FUND-UA SYSTEM $ 3,479,474 25
(7) UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY $ 2,369,274 26
(8) UNIVERSITY OF ARKANSAS FUND-DIVISION OF 27
AGRICULTURE $ 65,800,138 28
(9) UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL $ 2,336,896 29
(10) UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE 30
INSTITUTE $ 2,458,634 31
(11) SCHOOL FOR MATH, SCIENCES, AND ARTS FUND $ 1,133,048 32
(12) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $ 21,146,708 33
(13) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $ 57,476,668 34
(14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $ 93,012,881 35
(15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 36
As Engrossed: S4/27/26 SB75
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CHILD ABUSE/RAPE/DOMESTIC VIOLENCE $ 350,000 1
(16) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 2
PEDIATRICS/PSYCHIATRIC RESEARCH $ 1,985,100 3
(17) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 4
INDIGENT CARE $ 5,438,340 5
(18) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $ 16,362,815 6
(19) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $ 21,233,745 7
(20) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND - 1890 8
LAND GRANT STATE MATCH $ 5,800,000 9
(21) UNIVERSITY OF CENTRAL ARKANSAS FUND $ 53,564,626 10
(22) ARKANSAS NORTHEASTERN COLLEGE FUND $ 8,612,168 11
(23) ARKANSAS STATE UNIVERSITY - BEEBE FUND $ 11,333,296 12
(24) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $ 3,630,147 13
(25) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $ 6,872,106 14
(26) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY 15
OF ARKANSAS FUND $ 3,859,461 16
(27) UNIVERSITY OF ARKANSAS EAST ARKANSAS COMMUNITY 17
COLLEGE FUND $ 8,809,839 18
(28) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND $ 3,950,780 19
(29) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND - ADTEC $ 1,527,000 20
(30) NATIONAL PARK COLLEGE FUND $ 9,098,158 21
(31) NORTH ARKANSAS COLLEGE OF THE UNIVERSITY OF 22
ARKANSAS FUND $ 7,787,709 23
(32) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $ 11,701,713 24
(33) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY 25
OF ARKANSAS FUND $ 8,756,826 26
(34) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH 27
MOUNTAIN FUND $ 3,549,348 28
(35) SAU-TECH FUND $ 5,528,091 29
(36) SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY $ 375,036 30
(37) SAU-TECH FUND-FIRE TRAINING ACADEMY $ 1,780,943 31
(38) SOUTH ARKANSAS COLLEGE FUND $ 5,962,675 32
(39) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 33
BATESVILLE FUND $ 4,393,950 34
(40) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 35
HOPE-TEXARKANA FUND $ 4,440,099 36
As Engrossed: S4/27/26 SB75
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(41) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 1
MORRILTON FUND $ 5,330,150 2
(42) BLACK RIVER TECHNICAL COLLEGE FUND $ 6,659,119 3
(43) ARKANSAS STATE UNIVERSITY THREE RIVERS FUND $ 3,547,197 4
(44) OZARKA COLLEGE FUND $ 3,099,194 5
(45) UNIVERSITY OF ARKANSAS - PULASKI TECHNICAL COLLEGE 6
FUND $ 14,854,668 7
(46) SOUTHEAST ARKANSAS COLLEGE FUND $ 5,388,403 8
9
(b) ALLOCATION B. Then after making the maximum annual allocations provided 10
for in subsection (a) of this section, the Treasurer of State shall then make 11
allocations from the remaining general revenues available for distribution, 12
as set forth in this subsection, to the funds and fund accounts listed below 13
until there has been transferred a total of sixty million seven hundred forty 14
seven thousand two hundred nine dollars ($60,747,209) or so much thereof that 15
may become available; provided, that the Treasurer of State shall make such 16
monthly allocations in accordance with each fund or fund account's 17
proportionate part of the total of all such allocations set forth in this 18
subsection: 19
Name of Fund or Fund Account Maximum Allocation 20
PUBLIC SCHOOL FUND 21
(1) Division of Elementary and Secondary Education 22
Public School Fund Account $ - 23
(2) State Library Public School Fund Account $ 394,934 24
(3) Division of Career and Technical Education Public 25
School Fund Account $ 1,881,871 26
(4) Division of Career and Technical Education Public 27
School Fund Account - Adult Education $ 594,242 28
29
GENERAL EDUCATION FUND 30
(1) Division of Elementary and Secondary Education 31
Fund Account $ - 32
(2) Educational Facilities Partnership Fund Account $ - 33
(3) Division of Public School Academic Facilities 34
and Transportation Fund Account $ - 35
(4) Educational Television Fund Account $ - 36
As Engrossed: S4/27/26 SB75
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(5) Arkansas School for the Deaf and Blind Fund Account $ - 1
(6) State Library Fund Account $ 274,616 2
(7) Rehabilitation Services Fund Account $ 835,947 3
(8) Child Care Grant Fund Account $ - 4
(9) Child Care and Early Childhood Education 5
Fund Account $ - 6
Technical Institutes: 7
(10) Northwest Technical Institute Fund Account $ 237,219 8
9
DEPARTMENT OF HUMAN SERVICES FUND 10
(1) Department of Human Services Administration 11
Fund Account $ 1,752,593 12
(2) Children and Family Services Fund Account 9,781,338 13
(3) Youth Services Fund Account 3,740,188 14
(4) Developmental Disabilities Services Fund Account 4,592,214 15
(5) Medical Services Fund Account 179,521 16
(6) Department of Human Services Grants Fund Account - 17
(7) Behavioral Health Services Fund Account 7,348,702 18
(8) Provider Services and Quality Assurance Fund 19
Account 419,861 20
(9) County Operations Fund Account - 21
22
STATE GENERAL GOVERNMENT FUND 23
(1) Division of Arkansas Heritage Fund Account $ 542,909 24
(2) Department of Agriculture Fund Account 1,620,437 25
(3) Department of Labor and Licensing Fund Account 281,364 26
(4) Division of Higher Education Fund Account - 27
(5) Higher Education Grants Fund Account - 28
(6) Arkansas Economic Development Commission 29
Fund Account 1,446,213 30
(7) Division of Correction Inmate Care 31
and Custody Fund Account - 32
(8) Division of Correction Inmate Care 33
and Custody Fund Account - Medical Contract - 34
(9) Division of Community Correction Fund Account - 35
(10) Department of the Military Fund Account 625,194 36
As Engrossed: S4/27/26 SB75
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(11) Parks and Tourism Fund Account - 1
(12) Division of Environmental Quality 2
Fund Account 300,815 3
(13) Miscellaneous Agencies Fund Account 5,776,643 4
5
COUNTY AID FUND $ 1,500,003 6
COUNTY JAIL REIMBURSEMENT FUND $ - 7
CRIME INFORMATION SYSTEM FUND $ - 8
CHILD SUPPORT ENFORCEMENT FUND $ 930,216 9
PUBLIC HEALTH FUND $ 5,792,661 10
PERFORMANCE FUND $ - 11
MUNICIPAL AID FUND $ 2,056,047 12
DIVISION OF ARKANSAS STATE POLICE FUND $ 7,318,720 13
DIVISION OF WORKFORCE SERVICES FUND-NEW HIRE REGISTRY $ 10,500 14
DIVISION OF WORKFORCE SERVICES FUND-ADULT EDUCATION $ 74,017 15
DIVISION OF WORKFORCE SERVICES FUND-MANUFACTURING 16
EXTENSION NETWORK $ 47,568 17
STATE SERVICES FOR THE BLIND FUND $ 138,072 18
SKILLS DEVELOPMENT FUND $ 252,584 19
ARKANSAS CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT FUND $ - 20
SUSTAINABLE BUILDING MAINTENANCE PROGRAM FOR STATE- 21
SUPPORTED INSTITUTIONS OF HIGHER EDUCATION REVOLVING LOAN 22
FUND $ - 23
24
INSTITUTIONS OF HIGHER EDUCATION 25
(1) ARKANSAS STATE UNIVERSITY FUND $ - 26
(2) ARKANSAS TECH UNIVERSITY FUND $ - 27
(3) HENDERSON STATE UNIVERSITY FUND $ - 28
(4) SOUTHERN ARKANSAS UNIVERSITY FUND $ - 29
(5) UNIVERSITY OF ARKANSAS FUND $ - 30
(6) UNIVERSITY OF ARKANSAS FUND-UA SYSTEM $ - 31
(7) UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY $ - 32
(8) UNIVERSITY OF ARKANSAS FUND-DIVISION OF 33
AGRICULTURE $ - 34
(9) UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL $ - 35
(10) UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE 36
As Engrossed: S4/27/26 SB75
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INSTITUTE $ - 1
(11) SCHOOL FOR MATH, SCIENCES, AND ARTS FUND $ - 2
(12) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $ - 3
(13) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $ - 4
(14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $ - 5
(15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 6
CHILD ABUSE/RAPE/DOMESTIC VIOLENCE $ - 7
(16) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 8
PEDIATRICS/PSYCHIATRIC RESEARCH $ - 9
(17) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND - 10
INDIGENT CARE $ - 11
(18) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $ - 12
(19) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $ - 13
(20) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND - 1890 14
LAND GRANT STATE MATCH $ - 15
(21) UNIVERSITY OF CENTRAL ARKANSAS FUND $ - 16
(22) ARKANSAS NORTHEASTERN COLLEGE FUND $ - 17
(23) ARKANSAS STATE UNIVERSITY - BEEBE FUND $ - 18
(24) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $ - 19
(25) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $ - 20
(26) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY 21
OF ARKANSAS FUND $ - 22
(27) UNIVERSITY OF ARKANSAS EAST ARKANSAS COMMUNITY 23
COLLEGE FUND $ - 24
(28) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND $ - 25
(29) ARKANSAS STATE UNIVERSITY MID-SOUTH FUND - ADTEC $ - 26
(30) NATIONAL PARK COLLEGE FUND $ - 27
(31) NORTH ARKANSAS COLLEGE OF THE UNIVERSITY OF 28
ARKANSAS FUND $ - 29
(32) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $ - 30
(33) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY 31
OF ARKANSAS FUND $ - 32
(34) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT RICH 33
MOUNTAIN FUND $ - 34
(35) SAU-TECH FUND $ - 35
(36) SAU-TECH FUND-ENVIRONMENTAL TRAINING ACADEMY $ - 36
As Engrossed: S4/27/26 SB75
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(37) SAU-TECH FUND-FIRE TRAINING ACADEMY $ - 1
(38) SOUTH ARKANSAS COLLEGE FUND $ - 2
(39) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 3
BATESVILLE FUND $ - 4
(40) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 5
HOPE-TEXARKANA FUND $ - 6
(41) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT 7
MORRILTON FUND $ - 8
(42) BLACK RIVER TECHNICAL COLLEGE FUND $ - 9
(43) ARKANSAS STATE UNIVERSITY THREE RIVERS FUND $ - 10
(44) OZARKA COLLEGE FUND $ - 11
(45) UNIVERSITY OF ARKANSAS - PULASKI TECHNICAL COLLEGE 12
FUND $ - 13
(46) SOUTHEAST ARKANSAS COLLEGE FUND $ - 14
15
SECTION 4. TEMPORARY LANGUAGE. DO NOT CODIFY. FUNDING TRANSFER - 16
MEDICAID SUSTAINABILITY SET-ASIDE. 17
(a) Immediately upon the effective date of this act or as soon as is 18
practical after all transfers from the General Revenue Allotment Reserve Fund 19
enacted by the 95th General Assembly meeting in the 2026 Fiscal Session are 20
transferred, the Chief Fiscal Officer of the State shall transfer on his or 21
her books and those of the Treasurer of State and the Auditor of the State 22
the sum of one hundred million dollars ($100,000,000) from the General 23
Revenue Allotment Reserve Fund to the Medicaid Sustainability Set-Aside in 24
the Restricted Reserve Fund. 25
(b) Funds transferred in subsection (a) of this section shall be in 26
addition to those remaining balances currently available in the Medicaid 27
Sustainability Set-Aside established in Section 3 (a)(2) of Act 1017 of 2025 28
and any other funds made available by the General Assembly. 29
(c) On July 1, 2027 all unobligated funds remaining in the Medicaid 30
Sustainability Set-Aside in the Restricted Reserve Fund shall be transferred 31
to the General Revenue Allotment Reserve Fund. 32
33
SECTION 5. TEMPORARY LANGUAGE. DO NOT CODIFY. FUNDING TRANSFER - 34
CHILDREN'S EDUCATIONAL FREEDOM ACCOUNT SET-ASIDE. 35
(a) Immediately upon the effective date of this act or as soon as is 36
As Engrossed: S4/27/26 SB75
11 04-27-2026 15:23:49 HAR140
practical after all transfers from the General Revenue Allotment Reserve Fund 1
enacted by the 95th General Assembly meeting in the 2026 Fiscal Session are 2
transferred, the Chief Fiscal Officer of the State shall transfer on his or 3
her books and those of the Treasurer of State and the Auditor of the State 4
the sum of seventy million dollars ($70,000,000) from the General Revenue 5
Allotment Reserve Fund to the Children's Educational Freedom Account Set-6
Aside in the Restricted Reserve Fund. 7
(b) Funds transferred in subsection (a) of this section shall be in 8
addition to those remaining balances currently available in the Children's 9
Educational Freedom Account Set-Aside established in Section 3 (a)(3) of Act 10
1017 of 2025 and any other funds made available by the General Assembly. 11
(c) On July 1, 2027 all unobligated funds remaining in the Children's 12
Educational Freedom Account Set-Aside in the Restricted Reserve Fund shall be 13
transferred to the General Revenue Allotment Reserve Fund. 14
15
SECTION 6. TEMPORARY LANGUAGE. DO NOT CODIFY. FUNDING TRANSFER - 16
VARIOUS GENERAL DISCRETIONARY MAJORITY VOTE SET-ASIDE. 17
(a) Immediately upon the effective date of this act or as soon as is 18
practical after all transfers from the General Revenue Allotment Reserve Fund 19
enacted by the 95th General Assembly meeting in the 2026 Fiscal Session are 20
transferred, the Chief Fiscal Officer of the State shall transfer on his or 21
her books and those of the Treasurer of State and the Auditor of the State 22
the sum of forty three million seven hundred thousand dollars ($43,700,000) 23
from the General Revenue Allotment Reserve Fund to the Various General 24
Discretionary Majority Vote Set-Aside in the Restricted Reserve Fund. 25
(b) Funds transferred in subsection (a) of this section shall be in 26
addition to those remaining balances currently available in the Various 27
General Discretionary Majority Vote Set-Aside established in Section 3 (a)(4) 28
of Act 1017 of 2025 and any other funds made available by the General 29
Assembly. 30
(c) On July 1, 2027 all unobligated funds remaining in the Various 31
General Discretionary Majority Vote Set-Aside in the Restricted Reserve Fund 32
shall be transferred to the General Revenue Allotment Reserve Fund. 33
34
SECTION 7. TEMPORARY LANGUAGE. DO NOT CODIFY. FUNDING TRANSFER - 35
MOTOR VEHICLE SET-ASIDE. 36
As Engrossed: S4/27/26 SB75
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(a) Immediately upon the effective date of this act or as soon as is 1
practical after all transfers from the General Revenue Allotment Reserve Fund 2
enacted by the 95th General Assembly meeting in the 2026 Fiscal Session are 3
transferred, the Chief Fiscal Officer of the State shall transfer on his or 4
her books and those of the Treasurer of State and the Auditor of the State 5
the sum of five million dollars ($5,000,000) from the General Revenue 6
Allotment Reserve Fund to the Motor Vehicle Set-Aside in the Restricted 7
Reserve Fund. 8
(b) Funds transferred in subsection (a) of this section shall be in 9
addition to those remaining balances currently available in the Motor Vehicle 10
Set-Aside established in Section 3 (a)(7) of Act 1017 of 2025 and any other 11
funds made available by the General Assembly. 12
(c) On July 1, 2027 all unobligated funds remaining in the Motor 13
Vehicle Set-Aside in the Restricted Reserve Fund shall be transferred to the 14
General Revenue Allotment Reserve Fund. 15
16
SECTION 8. TEMPORARY LANGUAGE. DO NOT CODIFY. ECONOMIC DEVELOPMENT 17
FUNDING TRANSFER. Immediately upon the effective date of this section and 18
notwithstanding any other provisions of law, the Chief Fiscal Officer of the 19
State may transfer from time to time as funds are determined to be available 20
by the Chief Fiscal Officer of the State, on his or her books and those of 21
the Treasurer of State and the Auditor of the State, a sum not to exceed one 22
hundred fifty million dollars ($150,000,000) from the General Revenue 23
Allotment Reserve Fund to the Economic Development Incentive Quick Action 24
Closing Fund, for the Department of Commerce - Arkansas Economic Development 25
Commission, for economic incentives applicable to an advanced manufacturing, 26
non-data center, facility to be located in West Memphis, Arkansas. Prior to 27
the Chief Fiscal Officer of the State transferring any funds under this 28
section, the Secretary of the Arkansas Department of Commerce shall certify 29
to the Chief Fiscal Officer of the State that the Arkansas Economic 30
Development Commission has entered into a definitive incentive agreement with 31
the Manufacturer that has a positive cost benefit calculation and obligations 32
should the Manufacturer fail to satisfy requirements set forth in the 33
incentive agreement. 34
35
SECTION 9. TEMPORARY LANGUAGE. DO NOT CODIFY. ECONOMIC DEVELOPMENT 36
As Engrossed: S4/27/26 SB75
13 04-27-2026 15:23:49 HAR140
FUNDING TRANSFER - PUBLIC HIGHWAY IMPROVEMENTS. Immediately upon the 1
effective date of this section and notwithstanding any other provisions of 2
law, the Chief Fiscal Officer of the State may transfer from time to time as 3
funds are determined to be available by the Chief Fiscal Officer of the 4
State, on his or her books and those of the Treasurer of State and the 5
Auditor of the State, a sum not to exceed one hundred fifty million dollars 6
($150,000,000) from the General Revenue Allotment Reserve Fund to the 7
Economic Development Incentive Quick Action Closing Fund, for the Department 8
of Commerce - Arkansas Economic Development Commission, for public highway 9
and other public road improvements necessary for the construction and 10
operation of the advanced manufacturing facility referenced in Section 8 of 11
this Act. Prior to the Chief Fiscal Officer of the State transferring any 12
funds under this section, the Director of the Arkansas Department of 13
Transportation shall provide the Chief Fiscal Officer of the State an 14
estimate of the funding necessary to complete the public highway and public 15
road improvements after taking into account other funding available for the 16
cost of the improvements, including any federal funding. 17
18
SECTION 10. DO NOT CODIFY. DUPLICATE ACTS. If HB1100 and SB75 of the 19
2026 Fiscal Session of the 95th General Assembly are both enacted and adopted 20
by the 95th General Assembly in identical form, then the last act passed or 21
latest expression shall supersede the other. 22
23
SECTION 11. EMERGENCY CLAUSE. It is found and determined by the 24
General Assembly of the State of Arkansas that changes in the state's fiscal 25
laws must take effect at the beginning of the fiscal year; and that it is 26
necessary for this act to become effective on July 1, 2026 to avoid a lapse 27
in critical and essential services that the state government provides to the 28
citizens of this state at the beginning of the next fiscal year; with the 29
exception sections 8 and 9 of this act shall be in full force and effect from 30
and after the date of its passage and approval. Therefore, an emergency is 31
declared to exist, and this act being necessary for the preservation of the 32
public peace, health, and safety shall become effective on July 1, 2026; with 33
the exception sections 8 and 9 of this act shall be in full force and effect 34
from and after the date of its passage and approval. 35
As Engrossed: S4/27/26 SB75
14 04-27-2026 15:23:49 HAR140
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/s/J. Dismang 2
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