TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A REPORT CONCERNING THE CAPITAL ACCESS FUND.
SB 382 repeals a requirement that the Arkansas Development Finance Authority (ADFA) submit annual reports on the Capital Access Fund. The bill removes the mandate for ADFA to prepare and submit reports detailing the fund's financial condition and the economic impact of two specific programs: the Arkansas Capital Access Program for Small Business and the Arkansas Credit Reserve Program. This change eliminates a reporting obligation previously required by Arkansas Code § 15-5-1110, which the ADFA was required to fulfill annually. The bill became law as Act 466 on April 7, 2025.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Mar 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Mar 5, 2025
Signed Apr 7, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Act 466
→
SB 382
·
1 edit
MINOR
The bill text was reformatted from Act 466 to SB 382, removing the approval date stamp while keeping all substantive legislative content intact. This appears to be a technical renumbering and formatting change rather than a policy modification.
TECHNICAL
Removed the approval date stamp (4/3/25) that was present in the previous Act 466 version.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
15
Key actions
7
Committee
2
Apr 7, 2025
Signed into law
Notification that SB382 is now Act 466
upper
Apr 1, 2025
Upper · Passed
Returned from the House as passed.
upper
Apr 1, 2025
Lower · Passed
Returned to the Senate as passed.
lower
Apr 1, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Mar 20, 2025
Lower · Passed
Returned by the Committee Do Pass
lower
Mar 13, 2025
Upper · Passed
Read the third time and passed.
upper
Mar 12, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Mar 5, 2025
Introduced
Filed
upper
2 primary · 0 co-sponsors
Sponsors
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