The bill aims to make technical corrections to Title 19 of the Arkansas Code concerning public finance. It specifically amends Arkansas Code 19-4-803(c) to repeal obsolete language related to the Arkansas Comprehensive Health Insurance Pool and its board, as well as the Arkansas Property and Casualty Insurance Guaranty Fund and the Arkansas Life and Health Insurance Guaranty Association. Additionally, Arkansas Code 19-5-922(b)(2) is amended to remove references to the Arkansas Comprehensive Health Insurance Pool and its administrative expenses, while clarifying the fund's purpose to support the State Insurance Department and fire departments certified by the Division of Emergency Management.
Furthermore, the bill includes a section that clarifies the legislative intent, ensuring that the enactment of this act does not repeal any acts passed during the regular session of the Ninety-Fifth General Assembly. It establishes that in case of any conflicts between this act and previous legislation, the latter will take precedence, and emphasizes that the changes made are purely technical and not substantive.
Statutes affected: HB 1359: 19-4-803(c), 19-5-922(b)
Act 175: 19-4-803(c), 19-5-922(b)