On Jan. 27, ARK LEG passed bill to repeal fiscal impact requirements.
ARK LEG Governor signed HB 1080 into law, repealing requirements for a fiscal impact statement for proposed legislation related to health benefit plans, ARK LEG 10-2-133.
Bill was enrolled on Jan. 22, 2025, was received on Jan. 28, 2025 due to a fixed feed.
Bill Provisions
Repeals existing requirement for the publishing of a written statement of purpose, estimated financial cost to the state for implementing, complying with new legislation.
Also to repeal filing deadline for bills affecting health benefit plans of state entities.
Legislative History
On Jan. 13, 2025, bill was introduced in House; on Jan. 16, 2025, bill passed House.
On Jan. 16, 2025, bill was introduced in Senate; Jan. 22, 2025, bill passed Senate.
On Jan. 22, 2025, bill enrolled, sent to governor; on Jan. 27, 2025, bill signed, Act 2.
Effectiveness
Act effective 91 days after legislature adjourned sine die (May 5), so Aug. 4, 2025.
Regulators
ARK LEG
Entity Types
Ins
Reference
Bill 1080, Act 2, PR, 1/27/2025; Citation: ARK LEG 10-2-133;
