ARKANSAS LEGISLATIVE ALERT
Banking and Financial
10-13-2021 - 17:02:07

     - Indicates action since the request date.
 


Track: Banking & Financial   Request Date: 0- 0-0000 thru 99-99-9999

HB 1031   
Jett, Joe (R)
Johnson, Mark (R)
Requires tax practitioners that file a taxpayer's federal income tax return electronically to also file the taxpayer's Arkansas income tax return electronically.
Position: Monitor
Bill History: 02-22-21 H Placed on the House calendar
02-22-21 H House concurred in Senate amendment 1
02-24-21 G Signed by the Governor (Act: 143 )


HB 1039   
Milligan, Jon (R) Amends the definition of employer, as used with regard to income tax withholding, to include a person deriving income from sources outside the state.
Position: Monitor
Bill History: 04-07-21 H Passed (Vote: Y: 87/N: 3)
04-07-21 S Received in the Senate - Referred to S-Revenue and Taxation
04-12-21 S Meeting set for 9:30 a.m. - Old Supreme Court ...S-Revenue and Taxation


HB 1246   
Johnson, Lee (R)
Wallace, David (R)
Allows pharmacists to treat certain health conditions and modifies physician dispensing; requires the State Board of Pharmacy and the State Medical Board to adopt rules for dispensing and oversight for pharmacists and physicians.
Companions:
SB 176 Wallace, David (Same As)
  4-13-21 S Moved to deferred list S-Public Health, Welfare and Labor
Position: Monitor
Bill History: 03-29-21 S Passed (Vote: Y: 33/N: 2)
03-30-21 H Enrolled in the House - Sent to Governor
04-01-21 G Signed by the Governor (Act: 503 )


HB 1247   
Gonzales, Justin (R) Exempts acute care medication and initial treatment for maintenance medication from the requirements for physicians dispensing legend drugs.
Position: Monitor
Bill History: 02-24-21 H Placed on the House calendar
02-24-21 H Amendment 1 adopted
04-06-21 H Meeting set for 2:00 p.m. - MAC Room C ...H-Public Health, Welfare and Labor


HB 1255   
Evans, Brian (R)
Dismang, Jonathan (R)
Authorizes and regulates cross-collateralization clauses that grant a security interest established under a separate security agreement, instrument, mortgage, or deed of trust to secure debt or another obligation.
Position: Monitor
Bill History: 03-08-21 S Passed (Vote: Y: 24/N: 5)
03-08-21 H Enrolled in the House - Sent to Governor
03-10-21 G Signed by the Governor (Act: 313 )


HB 1349   
Warren, Les (R)
Hammer, Kim (R)
Establishes the Every Arkansan Retirement Plan Opportunity, a multiple-employer voluntary retirement savings plan for eligible employees of participating eligible employers as defined.
Position: Monitor
Bill History: 04-26-21 S Passed over on calendar
04-27-21 S Placed on the Senate calendar
04-27-21 S Passed over on calendar


HB 1416   
Underwood, Kendon (R)
Johnson, Mark (R)
Limits ordinances by a local government with regard to home-based work to those limiting disturbances and ensuring compliance with codes and laws.
Position: Monitor
Bill History: 04-07-21 S Passed (Vote: Y: 30/N: 0)
04-08-21 H Enrolled in the House - Sent to Governor
04-12-21 G Signed by the Governor (Act: 659 )


HB 1514   
Meeks, Stephen (R)
English, Jane (R)
Compels the release of data stored by a data company for a public entity within 60 days of the expiration or termination of the public contract.
Position: Monitor
Bill History: 04-14-21 H House concurred in Senate amendment 1
04-15-21 H Enrolled in the House - Sent to Governor
04-19-21 G Signed by the Governor (Act: 763 )


HB 1577   
Ladyman, Jack (R) Allows designated agents to create a qualified income trust to be composed of income of an applicant or recipient that is not to be considered for the purpose of determining eligibility for Medicaid.
Position: Monitor
Bill History: 03-16-21 H Meeting set for 2:00 p.m. - MAC Room A ...H-Judiciary
03-22-21 H Motion to withdraw from committee carried H-Judiciary
03-22-21 H Withdrawn from further consideration


HB 1693   
Maddox, John (R) Repeals and replaces the Uniform Principal and Income Act making various changes to laws pertaining to fiduciary duties and powers with regard to trusts and estates.
Position: Monitor
Bill History: 04-26-21 S Passed (Vote: Y: 35/N: 0)
04-27-21 H Enrolled in the House - Sent to Governor
04-30-21 G Signed by the Governor (Act: 1088 )


HB 1699   
Watson, Danny (R)
Dismang, Jonathan (R)
Repeals the provision that a county or municipality receiving a distribution of highway revenue of $2,000,000 or more must report details on the use of the funds annually to the House and Senate Committees on Public Transportation.
Position: Monitor
Bill History: 03-29-21 S Passed (Vote: Y: 35/N: 0)
03-30-21 H Enrolled in the House - Sent to Governor
04-01-21 G Signed by the Governor (Act: 517 )


HB 1718   
Lundstrum, Robin (R)
Hill, Ricky (R)
Revises provisions involving claims against a settlor in spendthrift and discretionary trusts to include trusts that were subject to a limited power of appointment for the purposes of determining contributions to the trust.
Position: Monitor
Bill History: 04-15-21 S Passed (Vote: Y: 34/N: 0)
04-16-21 H Enrolled in the House - Sent to Governor
04-20-21 G Signed by the Governor (Act: 801 )


HB 1888   
Meeks, Stephen (R) Makes various provisions for transactions involving virtual currency for the purposes of the Uniform Commercial Code and clarifies the rights of purchasers who obtain control of virtual currency under the Uniform Commercial Code.
Position: Monitor
Bill History: 04-07-21 H Filed
04-07-21 H Introduced and referred to H-Insurance and Commerce


HB 1892   
Love, Fred (D) Creates the Dream Down Payment Program for the purpose of helping prospective homebuyers save up to $20,000 in a tax exempt program for the purposes of making a down payment on a primary residence and reducing monthly mortgage payments.
Position: Monitor
Bill History: 04-08-21 H Filed
04-08-21 H Introduced and referred to H-Revenue and Taxation


HB 1926   
Meeks, Stephen (R) Makes various provisions for transactions involving virtual currency for the purposes of the Uniform Commercial Code and clarifies the rights of purchasers who obtain control of virtual currency under the Uniform Commercial Code.
Position: Monitor
Bill History: 04-27-21 S Passed (Vote: Y: 26/N: 6)
04-28-21 H Enrolled in the House - Sent to Governor
04-30-21 G Signed by the Governor (Act: 1078 )


SB 150   
Dismang, Jonathan (R)
Maddox, John (R)
Makes numerous changes to the Uniform Money Services Act.
Position: Monitor
Bill History: 03-29-21 H Passed (Vote: Y: 91/N: 0)
03-30-21 S Enrolled in the Senate - Sent to Governor
04-01-21 G Signed by the Governor (Act: 532 )


SB 151   
Dismang, Jonathan (R)
Maddox, John (R)
Amends the Arkansas Securities Act, expanding licensing requirements and making changes to sections relating to the protection of vulnerable adults from financial exploitation.
Position: Monitor
Bill History: 03-29-21 H Passed (Vote: Y: 93/N: 0)
03-30-21 S Enrolled in the Senate - Sent to Governor
04-01-21 G Signed by the Governor (Act: 533 )


SB 282   
Johnson, Mark (R) Expands the general powers of public bodies under the Consolidated Waterworks Authorization Act and authorizes them to issue bonds to support community redevelopment or finance specified projects and aspects of those projects, more.
Position: Monitor
Bill History: 04-26-21 H Placed on the House calendar
04-26-21 H [H] 20210426/-1/21678 (13:47:27)
04-26-21 H Failed (Vote: N: 50/Y: 32)


SB 545   
Garner, Trent (R) Levies a tax on electronic money transfers of $5.00 per transfer plus one percent of the amount of transferred money that exceeds $500. Uses the proceeds to fund a new Immigration Enforcement Training Grant Program.
Position: Monitor
Bill History: 03-31-21 S Committee Motion for Do Pass Failed
04-19-21 S Referred to interim committee ...S-Revenue and Taxation
06-08-21 S Assigned study proposal number - see ISP 80


SB 599   
Irvin, Missy (R)
Cozart, Bruce (R)
Creates the Arkansas Financial Education Commission, which may organize as a nonprofit corporation, to raise funds and provide financial literacy education programs online and through working with other state agencies.
Position: Monitor
Bill History: 04-26-21 S Passed (Vote: Y: 32/N: 1)
04-27-21 S Enrolled in the Senate - Sent to Governor
04-29-21 G Signed by the Governor (Act: 1025 )


SB 683   
Hammer, Kim (R)
Warren, Les (R)
Requires the Treasurer of State to create the Arkansas Plan Portal to contain listing information for small businesses and potential investment advisors.
Position: Monitor
Bill History: 04-20-21 S Meeting set for 2:00 p.m. - Old Supreme Court ...S-State Agencies
04-27-21 S Placed on the Senate calendar
04-27-21 S Withdrawn from further consideration


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