The resolution authorizes Senator Dismang to introduce a nonappropriation bill aimed at amending the Revenue Stabilization Law in Arkansas. The proposed legislation will create and repeal various funds, as well as facilitate transfers to and from these funds and fund accounts. The act is designed to ensure the effective management of state resources and is intended to address the fiscal needs of the state government.
Key provisions of the bill include the establishment of the Arkansas River Navigation System Fund, which will support the development and improvement of river transportation resources, and the Public Health Fund, which will be utilized for the maintenance and operation of regional health centers and the Department of Health. Additionally, the bill outlines the funding sources for these funds, including grants, special revenues, and federal reimbursements. An emergency clause is included to ensure that the changes take effect at the beginning of the fiscal year on July 1, 2024, to prevent any disruption in essential state services.
Statutes affected: HR 1011: 19-5-1264, 26-26-1616(d), 19-5-307, 20-7-102, 25-9-101, 19-6-301(41), 19-6-301(58), 26-57-407, 20-27-2501, 19-6-404, 19-6-301(1), 12-8-106, 12-8-601, 19-6-405(2)