TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE REVENUE STABILIZATION LAW, TO CREATE FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

This bill authorizes a representative to introduce legislation that amends Arkansas's Revenue Stabilization Law to create new funds and allow transfers between existing accounts. The proposed law would enable the state to establish financial reserves and move money between different fund accounts to manage its budget. It includes an emergency clause stating that these changes must take effect on July 1, 2026, to prevent a disruption in essential government services at the start of the fiscal year. Currently, the bill has been referred to the Joint Budget Committee for further review.