SB71
An Act For The Department Of Commerce - State Insurance Department Reappropriation.
Last Action (April 14, 2026): Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE
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AI-Generated Summary
Senate Bill 71 is a fiscal measure that reappropriates existing capital improvement balances for the Arkansas Department of Commerce - State Insurance Department. The bill specifically authorizes the use of up to $101,000 for cemetery maintenance, operations for insolvent perpetual care cemeteries in long-term receivership, and grants for the care and improvement of historic cemeteries. It establishes strict disbursement controls, requiring compliance with state fiscal and purchasing laws and prohibiting the use of general maintenance and operation funds for these specific projects. The act includes an emergency clause to ensure the funding becomes effective on July 1, 2026, to prevent disruption in the agency's ability to manage these essential programs.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries are historic cemeteries and insolvent, licensed perpetual care cemeteries that have been in court-ordered receivership or conservatorship for at least five years. Additionally, non-profit organizations or government entities that own or manage historic cemeteries may benefit from the grant provisions provided in the bill.
Who Might Suffer?
There are no significant groups or entities negatively impacted by this bill, as it is a standard fiscal reappropriation measure. The bill imposes strict spending controls, which limits the flexibility of the Department of Commerce to use these specific funds for purposes outside of those designated in the legislation, but this is a standard regulatory constraint rather than a negative impact.
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