SR5

Senate Resolution 5 authorizes the introduction of a non-appropriation bill during the 2026 Fiscal Session of the Arkansas General Assembly. The authorized bill aims to amend the state's Revenue Stabilization Law, create new funds, and facilitate transfers to and from existing fund accounts. Additionally, the proposed bill includes an emergency clause to ensure the legislation takes effect by July 1, 2026, to coincide with the start of the new fiscal year. The resolution serves as a procedural vehicle to allow for the introduction of substantive fiscal legislation during the limited scope of a fiscal session. The primary intent is to maintain the continuity of essential state services by updating the state's financial management structure.