TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE REVENUE STABILIZATION LAW, TO CREATE FUNDS, TO REPEAL FUNDS, AND TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS.

This Senate Resolution authorizes the introduction of a bill to update Arkansas's Revenue Stabilization Law by creating, repealing, or modifying specific state funds. The proposed legislation establishes the Arkansas River Navigation System Fund to support river transportation improvements and adjusts the Public Health and State Police funds to reflect current revenue sources and organizational changes. Additionally, the bill amends the State Highway and Transportation Department Fund and includes an emergency clause to ensure these financial adjustments take effect on July 1, 2024. Ultimately, the measure provides a legal framework for managing state finances related to health, public safety, and infrastructure without appropriating new money.