Arkansas HB 1359: TO MAKE TECHNICAL CORRECTIONS TO TITLE 19 OF THE ARKANSAS CODE CONCERNING PUBLIC FINANCE.
Status: Notification that HB1359 is now Act 175 (as of 2025-02-25)
State: Arkansas · Session: 2025 · Bill: HB 1359
Sponsors: C. Tucker, Gazaway, J. Bryant, M. Shepherd
Bill Text
Stricken language would be deleted from and underlined language would be added to present law. Act 175 of the Regular Session *JLL003* 01/31/2025 10:14:11 AM JLL003 State of Arkansas 1 95th General Assembly A Bill 2 Regular Session, 2025 HOUSE BILL 1359 3 4 By: Representatives Gazaway, M. Shepherd 5 By: Senators C. Tucker, J. Bryant 6 7 For An Act To Be Entitled 8 AN ACT TO MAKE TECHNICAL CORRECTIONS TO TITLE 19 OF 9 THE ARKANSAS CODE CONCERNING PUBLIC FINANCE; AND FOR 10 OTHER PURPOSES. 11 12 13 Subtitle 14 TO MAKE TECHNICAL CORRECTIONS TO TITLE 15 19 OF THE ARKANSAS CODE CONCERNING 16 PUBLIC FINANCE. 17 18 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 19 20 SECTION 1. Arkansas Code § 19-4-803(c), concerning exemptions from the 21 laws concerning the expenditure of cash funds, is amended to read as follows 22 to repeal obsolete language and make stylistic changes: 23 (c) The Arkansas Comprehensive Health Insurance Pool, created under 24 the Comprehensive Health Insurance Pool Act, § 23-79-501 et seq., and its 25 board of directors, and the Arkansas Property and Casualty Insurance Guaranty 26 Fund and its advisory association, referenced under the Arkansas Property and 27 Casualty Insurance Guaranty Act, § 23-90-101 et seq., and the Arkansas Life 28 and Health Insurance Guaranty Association and its board of directors, 29 referenced under the Arkansas Life and Health Insurance Guaranty Association 30 Act, § 23-96-101 et seq., are hereby exempt from the provisions of this 31 subchapter. 32 33 SECTION 2. Arkansas Code § 19-5-922(b)(2), concerning the State 34 Insurance Department Trust Fund, is amended to read as follows to repeal 35 obsolete language: 36 HB1359 2 01/31/2025 10:14:11 AM JLL003 (2) The fund shall be used: 1 (A) To defray the expenses of the State Insurance 2 Department in the discharge of its administrative and regulatory powers and 3 duties as prescribed by law and as set out in the State Insurance Department 4 Trust Fund Act, § 23-61-701 et seq.; and 5 (B) To defray the administrative expenses and losses 6 incurred by the Arkansas Comprehensive Health Insurance Pool of the 7 Comprehensive Health Insurance Pool Act, § 23-79-501 et seq., or its 8 successor; and 9 (C) To fund capital expenditures and training for fire 10 departments certified by the Division of Emergency Management. 11 12 SECTION 3. DO NOT CODIFY. CONSTRUCTION AND LEGISLATIVE INTENT. 13 It is the intent of the General Assembly that: 14 (1) The enactment and adoption of this act shall not expressly 15 or impliedly repeal an act passed during the regular session of the Ninety-16 Fifth General Assembly; 17 (2) To the extent that a conflict exists between an act of the 18 regular session of the Ninety-Fifth General Assembly and this act: 19 (A) The act of the regular session of the Ninety-Fifth 20 General Assembly shall be treated as a subsequent act passed by the General 21 Assembly for the purposes of: 22 (i) Giving the act of the regular session of the 23 Ninety-Fifth General Assembly its full force and effect; and 24 (ii) Amending or repealing the appropriate parts of 25 the Arkansas Code of 1987; and 26 (B) Section 1-2-107 shall not apply; and 27 (3) This act shall make only technical, not substantive, changes 28 to the Arkansas Code of 1987. 29 30 31 APPROVED: 2/25/25 32 33 34 35 36
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