SB 195 Arkansas Senate · 2025 Regular Session

AN ACT FOR THE DEPARTMENT OF COMMERCE REAPPROPRIATION.

SB 195 reallocates unused funds from previous appropriations to the Arkansas Department of Commerce for specific economic development programs. It directs $28 million for statewide workforce development, $40 million for skills programs, $153,216 to support minority business growth, and smaller sums for job training, infrastructure projects, and economic stimulus activities. These funds will be distributed by the Department of Commerce to local governments, nonprofits, and other eligible entities for projects like job creation, public health improvements, industrial park access, and infrastructure upgrades. The bill does not create new programs but uses existing unspent balances to support ongoing economic development efforts across Arkansas.
Bill status signed all 5 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
Senate Passage
Feb 2025
House Passage
Feb 2025
Signed into Law
Feb 2025
Introduced Feb 4, 2025 Signed Feb 17, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Act 78 SB 195 · 5 edits
MODERATE
This bill replaces the previous Act 78 with new legislative language SB 195, establishing specific funding allocations for economic development activities in Arkansas. The changes introduce detailed appropriation limits for various economic initiatives including grant matching funds, public works projects, job training, and infrastructure development.
Scope change
The bill scope expanded from a general reference to Act 78 to specific SB 195 language with detailed funding categories and purposes for economic development programs.
FISCAL

Added specific funding allocations totaling $480,320 for economic stimulus activities, including $189,757 for grant matching funds and $375,000 for public works and job training projects.

Added $130,100 allocation for the Executive Director of the Economic Development Commission to implement the state's strategic economic development plan.

ELIGIBILITY

Added detailed eligibility criteria for recipients including state agencies, cities, counties, community-based non-profit organizations, and other eligible entities for various economic development purposes.

TIMELINE

Added effective date of July 1, 2025 for all new funding allocations and appropriations.

REQUIREMENT

Added specific requirements for grant matching funds and loans to maximize contributions and ensure grant funding or contract obligations.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
18
Key actions
9
Committee
2
Feb 17, 2025
Signed into law
Notification that SB195 is now Act 78
upper
Feb 11, 2025
Upper · Passed
Returned from the House as passed.
upper
Feb 11, 2025
Lower · Passed
Returned To Senate as Passed.
lower
Feb 11, 2025
Lower · Passed
EMERGENCY CLAUSE ADOPTED
lower
Feb 11, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Feb 11, 2025
Lower · Passed
Considered in the Committee of the Whole, and recommended do pass.
lower
Feb 10, 2025
Upper · Passed
EMERGENCY CLAUSE ADOPTED
upper
Feb 10, 2025
Upper · Passed
Read the third time and passed.
upper
Feb 6, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Feb 4, 2025
Introduced
Filed
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.