Sen. Matt Stone

Maddy summaryThis bill establishes a new system for property insurance for public schools, state-supported higher education institutions, and other state-owned properties. It creates the State Captive Insurance Program and the Office of Property Risk within the Department of Transformation and Shared Services to manage these combined insurance efforts. The act allows the state to create its own captive insurance company and prohibits the use of public adjusting for these property insurance claims. The goal is to create a more stable and sustainable property insurance system for these state entities by consolidating existing programs and ensuring proper property valuation. (SB 481, Act 779)

Maddy summarySB 527 amends the Arkansas Health and Opportunity for Me Act of 2021, impacting individuals enrolled in the program and participating health insurers. The bill changes the age for exemption from work requirements to over 59 years and clarifies compliance information for the Arkansas Medicaid Program. It establishes a process for suspending coverage for individuals who do not cooperate with work requirements, allowing them to regain active coverage if they demonstrate an intention to comply. Additionally, the bill reduces the required medical-loss ratio for health insurers in the program from 90% to 85%.

Maddy summaryHouse Bill 1681 establishes the Water and Sewer Treatment Facilities Grant Program. This program provides grants to local entities to help fund improvements and upgrades to their water and sewer treatment infrastructure. The grants will be supported by revenues authorized by law. The program is set to expire five years after its effective date, and the administering commission is required to report annually on the status of all awarded grants.

Maddy summaryHouse Bill 1937, now Act 821, modifies how certain assets are valued for assessment purposes in Arkansas. It amends the method used to value mineral rights, as outlined in Article 16, Section 5 of the Arkansas Constitution. The bill also clarifies the valuation process for oil and gas well production equipment. These changes are effective for assessment years beginning on or after January 1, 2025.

Maddy summaryHB 1834, now Act 816, generally aims to amend Arkansas law concerning the licensing and regulation of motor vehicles. During the legislative process, an amendment was adopted to delete Section 2 from the bill. Without the full text of the bill, the specific policy changes it enacts beyond this general scope cannot be detailed.

Maddy summaryThe provided context for HB 1657 only shows cosponsor additions and procedural status (it became Act 709 on April 16, 2025), not the bill's substantive policy content. The title references an "income tax credit" for wood energy products and forest maintenance, but the text does not explain how the credit is amended or who it affects. Without the actual policy provisions or bill text describing changes to the tax credit, a factual summary of its mechanisms or impact cannot be generated. To provide a meaningful summary, the bill's specific policy language would be required.

Maddy summaryHouse Bill 1688, now Act 710, amends Arkansas law concerning the use of a dealer's extra license plate. Based on the bill's title, it aims to modify regulations that directly affect vehicle dealers and how they utilize these specialized plates. The provided text, however, focuses on an amendment that added Senator Stone as a cosponsor, rather than detailing the specific policy changes within the bill.

Maddy summaryHB 1821 creates a single State Captive Insurance Program to replace fragmented property insurance systems for public schools, state-supported colleges/universities, and state-owned properties in Arkansas. It combines these entities under one program, prohibits the use of public adjusting firms (which the bill states increased premiums), and requires independent reappraisals of higher education properties to ensure proper valuation. The bill also establishes the Office of Property Risk within the Department of Transformation and Shared Services to manage the program and mandates coordination among state agencies for a smooth transition. These changes aim to stabilize insurance costs and improve market competitiveness for these public entities.

Maddy summarySB 433 (now Act 573) requires all Arkansas state government buildings to display a durable poster or framed copy of the Ten Commandments in a large font, alongside the national motto and accurate representations of both the U.S. and Arkansas state flags. The law mandates specific placement, with the U.S. flag displayed under the national motto and the Arkansas flag(s) included. This procedural bill affects all state government facilities, not specific individuals or policies. The legislation passed in 2025 and became effective after the governor signed it on April 14, 2025.

Maddy summarySB 463 requires Arkansas public utilities to obtain approval from the Arkansas Public Service Commission before entering settlement agreements that would close or eliminate power plants or transmission assets. The bill directly affects utilities, the Commission, and consumers by mandating that settlements must legally resolve claims, not exceed regulatory costs, and avoid decisions driven by environmental goals rather than law. The Commission must evaluate whether proposed settlements are legally sound, cost-justified for consumers, and based on reasonable legal interpretations before approving or denying them. This creates a new review process to ensure settlements protect consumer interests and comply with state regulations. The bill does not change existing utility operations but adds oversight for specific settlement agreements.