Order

2025R: SB384 ACT 468

TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A PROGRAM FACT SHEET TO THE LEGISLATIVE COUNCIL AND ARKANSAS LEGISLATIVE AUDIT FOR EACH NEW BOND ISSUE.

Latest action: Notification that SB384 is now Act 468

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Sponsor	Role
Crowell	lead
Cavenaugh	primary

When	Chamber	Action
Mar 5, 2025, 11:00 a.m. CT	Senate	Filed
Mar 5, 2025, 2:10 p.m. CT	Senate	Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
Mar 12, 2025, 1:56 p.m. CT	Senate	Returned by the Committee, with the recommendation that it Do Pass
Mar 13, 2025, 3:19 p.m. CT	Senate	Read the third time and passed. ·
Mar 13, 2025, 3:19 p.m. CT	Senate	Ordered Immediately transmitted to the House.
Mar 13, 2025, 5:04 p.m. CT	House	RECEIVED FROM THE SENATE
Mar 13, 2025, 5:30 p.m. CT	House	Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
Mar 20, 2025, 12:59 p.m. CT	House	Returned by the Committee Do Pass
Apr 1, 2025, 4:12 p.m. CT	House	Read the third time and passed and ordered transmitted to the Senate. ·
Apr 1, 2025, 4:12 p.m. CT	House	Returned to the Senate as passed.
Apr 1, 2025, 6:23 p.m. CT	Senate	Returned from the House as passed.
Apr 1, 2025, 6:23 p.m. CT	Senate	ORDERED ENROLLED
Apr 2, 2025, 8:31 a.m. CT	Senate	Reported correctly enrolled and ordered delivered to the Governor.
Apr 2, 2025, 8:31 a.m. CT	Senate	DELIVERED TO GOVERNOR.
Apr 7, 2025, 1:16 p.m. CT	Senate	Notification that SB384 is now Act 468

Meetings

When	Meeting	Video
Mar 12, 2025, 10:00 a.m. CT	Senate Revenue and Taxation · Old Supreme Court	Video Add to Google Calendar Add to Apple Calendar
Mar 13, 2025, 1:30 p.m. CT	Senate Floor Session · Senate Chamber	Video Add to Google Calendar Add to Apple Calendar
Mar 20, 2025, 10:00 a.m. CT	House Revenue and Taxation Committee · Committee Room 151	Video Add to Google Calendar Add to Apple Calendar
Apr 1, 2025, 1:30 p.m. CT	House Meeting · House	Video Add to Google Calendar Add to Apple Calendar

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Fiscal impact

Other1 · Mar 12, 2025

Legislative Impact Statement Bill: SB384 Bill Subtitle: TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A PROGRAM FACT SHEET TO THE LEGISLATIVE COUNCIL AND ARKANSAS LEGISLATIVE AUDIT FOR EACH NEW BOND ISSUE. --------------------------------------------------------------------------------------------------------------------------------------- Basic Change: This bill would eliminate a statutory requirement for the filing of reporting after the issuance of bonds by the Authority. These reports are regularly filed with the Arkansas Legislative Council and rarely inspire questions or discussion. Most bonds issued by the Authority are on behalf of private-sector entities, pledge no resources of the State and have no impact on state finance. Those bond issues which do pledge state resources and may have a fiscal impact on the state require legislative review and approval well in advance of issuance. Revenue Impact: None Taxpayer Impact: None Resources Required: None Time Required: Adequate time is provided for implementation Procedural Changes: ADFA will no longer provide the statutorily required report Other Comments: None Legal Analysis:

Committee actions

Do Pass · House · Mar 20, 2025, 12:59 p.m. CT
Returned by the Committee Do Pass
Do Pass · Senate · Mar 12, 2025, 1:56 p.m. CT
Returned by the Committee, with the recommendation that it Do Pass

Floor roll calls

House · RCS 836

Tuesday, April 1, 2025 4:12:29 PM · arkleg

84Yea

9Nay

2Not voting

5Present

0Excused

Yea (84)

Nay (9)

Present (5)

Not voting (2)

Tony Furman (R)
Rick McClure (R)

Senate · RCS 538

Thursday, March 13, 2025 3:19:20 PM · arkleg

33Yea

0Nay

1Not voting

1Present

0Excused

Yea (33)

Present (1)

Gilmore

Not voting (1)

Bryan King (R)

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Last checked Nov 12, 2026, 7:52 p.m. CT.

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