Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate panel approves adding Insurance Department to state tax‑intercept claimant list
Summary
House Bill 12 41 would add the Arkansas Insurance Department and the governmental bonding board to the statutory list of claimant agencies eligible to request state tax refund intercepts for liquidated debts; questions focused on whether the program applies only to individuals, priority among claimants, and the $200,000 statutory threshold.
House Bill 12 41, presented to the Insurance & Commerce Committee, would add the Arkansas Insurance Department and the governmental bonding board to the statutory list of "claimant agencies" eligible to request interception of state tax refunds to satisfy liquidated debts owed to a claimant agency.
The sponsor said the department needs the authority because many claims against the governmental bonding board arise when…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
