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Senate Revenue & Tax committee approves HB1508 to recodify Title 19 of Arkansas Code
Summary
The Senate Revenue & Tax Committee voted to pass House Bill 1508, a Code Revision Commission measure that reorganizes Title 19 (public finance) of the Arkansas Code without making substantive law changes.
The Senate Revenue & Tax Committee on a voice vote approved House Bill 1508, a Code Revision Commission measure to reorganize Title 19 of the Arkansas Code, the committee chair announced after a brief presentation by Senator Clark Tucker (District 14).
Senator Clark Tucker told the committee the measure reorganizes the public finance title by subtitles, reorders subchapters for state treasury funds and procurement law, and transfers material that “belonged in other titles” so related subject matter sits together. “It’s not a substantive bill…there’s no substantive changes,” Tucker said during his presentation.
The bill was presented as a technical recodification produced by a Title 19 reconsolidation working group that included the Arkansas Code Revision Commission, the governor’s office, the attorney general’s office, the treasurer’s office, the auditor’s office, legislative audit, the Department of Finance and Administration (DFA), transformation and shared services, the Claims Commission, the Ethics Commission and the Arkansas Bar Association. Tucker said legislative members of the commission include Senator Josh Bridal and Representatives Matthew Shepherd and Jimmy Gazzaway.
Committee members asked for confirmation that the bill does not alter the legal effect of existing law on municipal bonds or other public finance practices. Senator Pete Petty asked whether cities and counties would continue to issue bonds as before; Tucker answered, “That’s absolutely true. The main takeaway from this bill is that there are no substantive changes to the law whatsoever.”
After no members of the public rose to speak, Senator Crowell moved that the committee give the bill a do-pass recommendation; Senator Petty seconded the motion. The committee proceeded by voice vote with no recorded opposition and the chair announced the bill passed.
The measure reorganizes statutory text for clarity and cross-referencing, but the committee record shows no change in policy or new substantive requirements. The committee made no further changes before advancing the bill.
Votes at a glance: Motion — Do pass (mover: Senator Crowell; second: Senator Petty). Outcome — Passed by voice vote; no recorded nay in committee.
