The bill proposes an appropriation for the Office of the Treasurer of State for the fiscal year ending June 30, 2026. It establishes a maximum number of regular employees, totaling 33, with specific positions and salary grades outlined. The bill also authorizes five part-time or temporary employees, known as "Extra Help," and allocates funds for various operational expenses, including personal services, data processing, and financial education programs. The total amount appropriated for these purposes is $7,974,348.
Additionally, the bill includes provisions for salary adjustments, allowing employees to receive cost-of-living increases and merit pay at the discretion of the Treasurer. It also permits the Treasurer to exceed maximum salary levels for a limited number of positions with prior approval from the Arkansas Legislative Council or Joint Budget Committee. The bill emphasizes compliance with existing fiscal control laws and includes an emergency clause to ensure its immediate effectiveness on July 1, 2025. Notably, the bill replaces the fiscal year 2024 with 2025 in certain sections and adds a new section regarding the emergency clause.