SB70

Senate Bill 70 is a fiscal measure that reappropriates unspent funds from the previous biennium for the Arkansas Department of Commerce - State Insurance Department. Specifically, the bill allocates $101,000 for the maintenance and operational costs of insolvent, licensed perpetual care cemeteries that have been in court-ordered receivership or conservatorship for at least five years. It also authorizes the acquisition of such cemeteries and provides grants to non-profit or government entities for the care and improvement of historic perpetual care cemeteries. The bill includes standard fiscal disbursement controls, requiring strict adherence to state purchasing and budgetary laws. It also contains an emergency clause, making the act effective July 1, 2024, to ensure the continuity of these essential governmental operations.