ARKANSAS LEGISLATIVE ALERT
Banking and Financial
02-21-2025 - 18:01:38

     - Indicates action since the request date.
 


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

HB 1027   
Garner, Denise (D) To create the Brighter Start Act of 2025; and to require the Treasurer of State to make a one-time contribution to each existing and future Arkansas Brighter Future Fund plan account.
Position: Monitor
Bill History: 01-13-25 H Introduced and referred to H-Education
01-16-25 H Amendment 1 adopted
01-17-25 H Moved to deferred list H-Education


HB 1184   
Johnson, Lee (R)
Hill, Ricky (R)
To amend the Fair Mortgage Lending Act; and to protect a consumer's privacy in certain mortgage applications.
Position: Monitor
Bill History: 02-11-25 H Amendment 2 adopted
02-11-25 H Re-referred to committee H-Insurance and Commerce
02-19-25 H Meeting set for 10:00 a.m. - Room 149 ...H-Insurance and Commerce


HB 1238   
Cavenaugh, Frances (R)
Sullivan, Dan (R)
To authorize a mortgagor to recover fees in certain circumstances under the statutory foreclosure law.
Position: Monitor
Bill History: 01-30-25 S Received in the Senate - Referred to S-Insurance and Commerce
02-04-25 S Meeting set for 10:00 a.m. - Room 171 ...S-Insurance and Commerce
02-03-25 S Moved to deferred list S-Insurance and Commerce


HB 1271   
Warren, Les (R)
Penzo, Clint (R)
To amend the law concerning mechanics' and materialmen's liens; and to clarify the priority of liens in mortgage construction loans.
Position: Monitor
Bill History: 02-04-25 S Reported from committee - Do pass S-Insurance and Commerce
02-05-25 S On floor for consideration in the Senate
02-05-25 S Postponed in third reading


HB 1273   
Warren, Les (R) To provide that a lien created by the entry of a certificate of indebtedness issued by the Secretary of the Department of Finance and Administration is not superior to a purchase money mortgage.
Position: Monitor
Bill History: 02-05-25 S Passed (Vote: Y: 29/N: 0)
02-05-25 H Enrolled in the House - Sent to Governor
02-11-25 G Signed by the Governor (Act: 29 )


HB 1307   
McAlindon, Mindy (R)
Bryant, Joshua (R)
To amend the law related to fund management and to amend the Uniform Prudent Management of Institutional Funds Act (2006).
Position: Monitor
Bill History: 02-20-25 H On floor for consideration in the House
02-20-25 H Passed (Vote: Y: 84/N: 8)
02-20-25 S Received in the Senate - Referred to S-Insurance and Commerce


HB 1335   
Warren, Les (R) To create the Every Arkansan Retirement Plan Opportunity Act. (Shell bill)
Position: Monitor
Bill History: 01-30-25 H Filed
01-30-25 H Introduced and referred to H-Journal Committee


HB 1457   
Johnson, Lee (R) To require public schools to submit data and other information related to a public school student's individualized education program using a uniform statewide data collection system.
Position: Monitor
Bill History: 02-12-25 H Filed
02-12-25 H Introduced and referred to H-Education
02-25-25 H Meeting set for 10:00 a.m. - Room 138 ...H-Education


HB 1467   
Achor, Brandon (R)
Boyd, Justin (R)
To amend the Uniform Money Services Act.
Position: Monitor
Bill History: 02-12-25 H Filed
02-12-25 H Introduced and referred to H-Insurance and Commerce
02-19-25 H Meeting set for 10:00 a.m. - Room 149 ...H-Insurance and Commerce


HB 1508   
Shepherd, Matthew (R)
Tucker, Clarke (D)
To recodify Title 19 of the Arkansas Code concerning public finance; and to amend laws resulting from Initiated Acts 2000, No. 1; and to make conforming changes to the Arkansas Code.
Position: Monitor
Bill History: 02-20-25 H Meeting set for 10:00 a.m. - Room 149 ...H-Judiciary
02-20-25 H Amendment 1 adopted
02-25-25 H Meeting set for 10:00 a.m. - Room 149 ...H-Judiciary


HB 1509   
Beaty, Howard (R)
Hill, Ricky (R)
To create the Second Amendment Financial Privacy Act; and to prohibit financial institutions from using certain discriminatory practices.
Position: Monitor
Bill History: 02-17-25 H Filed
02-17-25 H Introduced and referred to H-Insurance and Commerce
02-19-25 H Meeting set for 10:00 a.m. - Room 149 ...H-Insurance and Commerce


HB 1519   
Cavenaugh, Frances (R)
Gilmore, Ben (R)
To allow the Secretary of the Department of Commerce to participate in the hiring and contracting of employees for the State Insurance Department, State Bank Department, and State Securities Department.
Position: Monitor
Bill History: 02-18-25 H Filed
02-18-25 H Introduced and referred to H-Insurance and Commerce


SB 133   
Boyd, Justin (R)
Beaty, Howard (R)
To amend the Uniform Commercial Code; to define "central bank digital currency" under the Uniform Commercial Code; and to modify the Uniform Commercial Code definitions of "money" and "deposit account."
Position: Monitor
Bill History: 02-06-25 H Passed (Vote: Y: 92/N: 0)
02-10-25 S Enrolled in the Senate - Sent to Governor
02-11-25 G Signed by the Governor (Act: 50 )


SB 220   
Boyd, Justin (R)
Achor, Brandon (R)
To amend the Arkansas Securities Act; and to clarify exempt transactions under the Arkansas Securities Act.
Position: Monitor
Bill History: 02-19-25 S On floor for consideration in the Senate
02-19-25 S Passed (Vote: Y: 29/N: 0)
02-19-25 H Received in the House - Referred to H-Insurance and Commerce


SB 221   
Davis, Breanne (R)
Johnson, Lee (R)
To prohibit risk-based provider organizations from using certain types of contracting practices when contracting with providers; to amend the Medicaid Provider-Led Organized Care Act; and to declare an emergency.
Position: Monitor
Bill History: 02-12-25 S Filed
02-12-25 S Introduced and referred to S-Public Health, Welfare and Labor
02-16-25 S Moved to deferred list S-Public Health, Welfare and Labor


SB 229   
Boyd, Justin (R)
Achor, Brandon (R)
To create the Department of Financial Services within the Department of Commerce.
Position: Monitor
Bill History: 02-19-25 S On floor for consideration in the Senate
02-19-25 S Passed (Vote: Y: 29/N: 0)
02-19-25 H Received in the House - Referred to H-Insurance and Commerce


SB 230   
Boyd, Justin (R)
Achor, Brandon (R)
To repeal the Arkansas Trust Institutions Act; and to create the Arkansas Trust Institutions Act of 2025.
Position: Monitor
Bill History: 02-19-25 S On floor for consideration in the Senate
02-19-25 S Passed (Vote: Y: 27/N: 0)
02-19-25 H Received in the House - Referred to H-Insurance and Commerce


SB 240   
Hill, Ricky (R)
Beaty, Howard (R)
To amend the Credit Reporting Disclosure Act of 1989; and to clarify the content required for a notice of adverse action.
Position: Monitor
Bill History: 02-20-25 S Meeting set for 10:00 a.m. - Room 171 ...S-Insurance and Commerce
02-20-25 S Reported from committee - Do pass S-Insurance and Commerce
02-24-25 S Placed on the Senate calendar


SB 242   
Hill, Ricky (R)
Beaty, Howard (R)
To amend the law concerning loans involving the stock of a state bank.
Position: Monitor
Bill History: 02-20-25 S Meeting set for 10:00 a.m. - Room 171 ...S-Insurance and Commerce
02-20-25 S Reported from committee - Do pass S-Insurance and Commerce
02-24-25 S Placed on the Senate calendar


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