HB1350
To Amend The Law Concerning Benefits Under The State Police Retirement System.
Last Action (May 5, 2025): Died in House Committee at Sine Die adjournment.
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AI-Generated Summary
House Bill 1350 is a shell bill introduced in the 95th Arkansas General Assembly aimed at amending statutes related to the State Police Retirement System. The text as currently drafted serves as a placeholder, explicitly stating that its purpose is to modify existing laws concerning benefits under this system. It does not contain specific policy changes, monetary figures, or detailed regulatory adjustments at this stage. Further amendments will be required to define the exact nature of the changes to retirement benefits, eligibility requirements, or payout structures. The bill currently functions as a legislative vehicle to initiate discourse or future legislative action regarding state police pension governance.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries would be current and retired members of the Arkansas State Police, as well as their eligible dependents, who would be subject to any adjustments in pension benefits or retirement security protocols enacted through subsequent amendments to the bill.
Who Might Suffer?
The primary entities potentially negatively impacted include the Arkansas state budget and the State Police Retirement System fund itself, as any expansion of benefits or changes to retirement criteria could necessitate increased taxpayer funding or adjustments to employer contribution rates.
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