TO AMEND THE PERMISSIBLE INVESTMENTS A GUARDIAN OF THE ESTATE MAY MAKE ON BEHALF OF A WARD.
HB 1527 allows guardians managing a ward's estate (such as a minor or incapacitated adult) to invest funds in the Arkansas Brighter Future Fund Plan without needing court approval. This bill amends Arkansas law to explicitly add this state-created retirement savings plan as a permissible investment option for guardians. The change simplifies financial management for guardians by removing the prior requirement for judicial permission when using this specific investment vehicle.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Mar 2025
House Passage
Mar 2025
Senate Passage
Mar 2025
Signed into Law
Mar 2025
Introduced Feb 19, 2025
Signed Mar 18, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Act 315
→
HB 1527
·
2 edits
MINOR
The bill text was renumbered and reformatted from Act 315 to HB 1527 for the 95th General Assembly, 2025 Regular Session. The approval date line was removed, and the document header was updated to reflect the new bill number and session details.
TECHNICAL
Removed the approval date line (3/18/25) that was present in the previous Act 315 version.
Updated document header to change from Act 315 to HB 1527 and adjusted line numbering to reflect the new bill format.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
13
Key actions
7
Committee
2
Mar 18, 2025
Signed into law
Notification that HB1527 is now Act 315
lower
Mar 12, 2025
Lower · Passed
Returned from the Senate as passed.
lower
Mar 12, 2025
Upper · Passed
Returned to the House as passed.
upper
Mar 12, 2025
Upper · Passed
Read the third time and passed.
upper
Mar 11, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Feb 26, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Feb 25, 2025
Lower · Passed
Returned by the Committee Do Pass
lower
Feb 19, 2025
Introduced
Filed
lower
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Ashley Hudson
DDemocratic
P
Clarke Tucker
DDemocratic
Co
Jimmy Gazaway
RRepublican
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