HB1064
An Act For The Department Of Finance And Administration - Disbursing Officer Appropriation For The 2026-2027 Fiscal Year.
Last Action (April 1, 2026): Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEE
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AI-Generated Summary
House Bill 1064 is an appropriations bill for the Arkansas Department of Finance and Administration - Disbursing Officer for the 2026-2027 fiscal year. It allocates funding for various state obligations, including contributions to interstate organizations, miscellaneous state agency transfers, and various grant programs. Key appropriations include funding for fire and police pension funds, workforce investment programs, disaster assistance grants, and unemployment compensation. It also provides for administrative costs such as state and local employee blanket bond premiums and funding for child welfare and vocational education programs. The bill serves as a mechanism to distribute funds from various state and federal sources to specific agencies, local governments, and non-profit organizations as authorized by Arkansas law.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries include various state and local government agencies, municipal fire and police departments, and public school districts that receive funding for pensions, surety bonds, and administrative operations. Additionally, Arkansas families facing catastrophic medical expenses, victims of child abuse or domestic violence, participants in workforce training programs, and entities involved in disaster relief and crime prevention efforts directly benefit from these appropriations.
Who Might Suffer?
There are no groups or entities directly negatively impacted by this bill, as it is a routine legislative appropriations measure that authorizes the disbursement of funds according to existing state mandates and previously established programs. While the allocation of state funds involves prioritization, this bill does not inherently impose new taxes, reduce services, or penalize specific groups, as its function is to provide funding to entities and programs already approved by the legislature.
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