HB1359

House Bill 1359 is a piece of legislation intended to make technical corrections and stylistic updates to Title 19 of the Arkansas Code, which concerns public finance. The bill amends existing code to remove obsolete language regarding expenditure exemptions for certain insurance-related entities, such as the Arkansas Comprehensive Health Insurance Pool and various insurance guaranty funds. Additionally, it updates the language concerning the authorized uses of the State Insurance Department Trust Fund, which includes administrative expenses for the Insurance Department, the Arkansas Comprehensive Health Insurance Pool, and fire department training. The bill explicitly states that these changes are technical in nature rather than substantive. It also includes a construction clause to prevent the bill from interfering with other legislation passed during the same legislative session.