TO AMEND THE REVENUE STABILIZATION LAW; AND TO DECLARE AN EMERGENCY.
Senate Bill 637 amends Arkansas's Revenue Stabilization Law, which dictates how state general revenues are distributed. Starting July 1, 2025, the bill directs the Treasurer of State to make monthly transfers of available general revenues to various state funds and accounts. It establishes specific maximum allocation amounts for the 2025-2026 fiscal year and subsequent years, totaling over $6.49 billion. These allocations directly affect funding for numerous state services, including public schools, general education, human services, state government operations, and institutions of higher education.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
Apr 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Apr 9, 2025
Signed Apr 23, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Act 1018
→
SB 637
·
1 edit
MINOR
The bill text has been renumbered and reformatted from Act 1018 to Senate Bill 637 for the 95th General Assembly Regular Session of 2025. No substantive policy changes, scope modifications, or content alterations are evident in this excerpt.
TECHNICAL
Bill numbering changed from Act 1018 to Senate Bill 637; formatting and header structure updated to reflect new session year.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
16
Key actions
8
Committee
1
Apr 23, 2025
Signed into law
Notification that SB637 is now Act 1018
upper
Apr 16, 2025
Upper · Passed
Returned from the House as passed.
upper
Apr 16, 2025
Lower · Passed
Returned to the Senate as passed.
lower
Apr 16, 2025
Lower · Passed
EMERGENCY CLAUSE ADOPTED
lower
Apr 16, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Apr 15, 2025
Upper · Passed
EMERGENCY CLAUSE ADOPTED
upper
Apr 15, 2025
Upper · Passed
Read the third time and passed.
upper
Apr 14, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Apr 9, 2025
Introduced
Filed
upper
2 primary · 0 co-sponsors
Sponsors
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