AUTHORIZING 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 would update Arkansas's Revenue Stabilization Law to create new funds and allow transfers between existing accounts. The proposed changes aim to adjust how state financial reserves are managed and moved without requiring new spending approvals. An emergency clause is included to ensure these fiscal adjustments take effect on July 1, 2026, to prevent service disruptions at the start of the next fiscal year. The measure has been passed by the House and referred to the Joint Budget Committee for further review.