TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.

This bill, now enacted as Act 144, establishes a new method for distributing state general revenues in Arkansas starting in fiscal year 2026-2027. It requires the State Treasurer to transfer all available funds to various government accounts, including those for public schools, human services, and state agencies, based on specific maximum dollar amounts set for each. The legislation creates a total allocation of approximately $6.6 billion to be distributed monthly according to these fixed proportions. By declaring an emergency, the bill ensures these new distribution rules take immediate effect without further legislative delay.