SB343

Senate Bill 343 seeks to repeal Arkansas Code § 25-43-112, which currently mandates that cabinet-level departments submit an annual written report on cost savings to the Governor, the Department of Transformation and Shared Services, and Arkansas Legislative Audit. The existing law requires these departments to itemize cash expenditures, calculate differences between fiscal years, and provide detailed explanations for identified cost savings. It also requires Arkansas Legislative Audit to review these reports and provide findings to the Legislative Joint Auditing Committee and other relevant stakeholders. By repealing this section, the bill removes the statutory requirement for these specific annual cost savings reports and the subsequent audit oversight associated with them. The bill does not include new reporting requirements to replace those being repealed.