The resolution amends the Joint Rules of the House of Representatives and the Senate of the Ninety-Fourth General Assembly of Arkansas, specifically regarding the introduction of bills related to the State and Public School Life and Health Insurance Program. It establishes that any legislation affecting this program or imposing new or increased cost obligations must be introduced within the first fifteen calendar days of a regular session. If a bill is introduced after this period, it requires a three-fourths vote from both houses for consideration. Additionally, such bills cannot be introduced during fiscal or extraordinary sessions without a two-thirds majority approval.
Furthermore, the resolution introduces a requirement for fiscal impact statements for bills that impose new or increased costs on the State and Public School Life and Health Insurance Program. These statements must be prepared by actuaries and attached to the bills before they can be considered by the relevant committees. If a bill is called for final passage without a fiscal impact statement, any member can object, delaying the vote until the statement is provided. The presiding officer is responsible for ensuring that a fiscal impact statement is prepared within five days if an objection is raised.