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Enacted

Arkansas Reappropriates $3.68 Million for Department of Commerce Capital Improvements and Minority Business Loans

Original title: AN ACT FOR THE DEPARTMENT OF COMMERCE - ARKANSAS ECONOMIC DEVELOPMENT COMMISSION REAPPROPRIATION.

Last action · April 27, 2026: Notification that SB72 is now Act 93

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Arkansas reappropriates unspent capital improvement and loan balances totaling $3,683,939.88 for the Department of Commerce and Arkansas Economic Development Commission, effective July 1, 2026. The act carries forward funds for minority business loan mobilization, public works, infrastructure projects, and strategic economic development initiatives. It establishes strict disbursement controls and declares an emergency for the law to take effect on July 1, 2026.

Why it matters

Local governments, state agencies, and community organizations gain continued access to carryover state funds totaling nearly $3.7 million for infrastructure, job training, and grant matching starting July 1, 2026, subject to state fiscal controls.

Background
  • Senate Bill 72 was enacted as Act 93 of the 2026 Fiscal Session of the Arkansas General Assembly. context
  • Reappropriation bills in Arkansas carry forward unspent capital and program fund balances from prior fiscal acts, such as Act 78 of 2025, to ensure continuity for ongoing state projects without authorizing new net taxation. context

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Department of Commerce

Receives reappropriated funding authority to administer business loans, capital improvements, and economic development programs.

Directly affected

Arkansas Economic Development Commission

Manages the disbursement of reappropriated funds for grants, loans, industrial site development, and strategic economic activities.

Directly affected

Minority business enterprises

Eligible to receive support from the reappropriated loan mobilization fund to increase competitiveness for state contracts.

Directly affected

State agencies, cities, counties, and non-profits

Eligible to apply for capital improvement grants, infrastructure funding, and grant-matching assistance.

Key Facts

  • Appropriates $129,082.33 from the Minority and Women-Owned Business Loan Mobilization Revolving Fund for promoting minority business enterprises and increasing their ability to compete for state contracts.
  • Appropriates $3,000,000.21 from the Development and Enhancement Fund for capital improvement projects, public works, job training, industrial site development, and water/sewer systems.
  • Appropriates $189,757.28 for grant matching funds and loans to eligible entities applying for grants that require local matching funds.
  • Appropriates $375,000.11 for grants and loans supporting public works, industrial parks, aerospace expansion, port/rail/waterway projects, and environmental mitigation.
Show all 8 facts
  • Appropriates $80,100.16 for allocation by the Executive Director of the Economic Development Commission for activities implementing the State's strategic economic development plan.
  • Prohibits awarding contracts or incurring obligations in excess of available State Treasury funds.
  • Mandates strict compliance with the State Purchasing Law, General Accounting and Budgetary Procedures Law, and Revenue Stabilization Law.
  • Sets an effective date of July 1, 2026, under an emergency clause.

Frequently Asked Questions

What is the purpose of this legislation?
This act reappropriates unspent capital improvement and loan balances from the previous fiscal year for the Department of Commerce and the Arkansas Economic Development Commission.
When do these reappropriations take effect?
The appropriations take effect on July 1, 2026.
Who is eligible to receive grants or loans under these funds?
Eligible entities include state agencies, cities, counties, community-based non-profit organizations, and other entities determined eligible by the Arkansas Economic Development Commission.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Current status: Signed into law.

Procedural history

16 actions
  1. Apr 27, 2026SenateEnrolled
    Notification that SB72 is now Act 93
  2. Apr 24, 2026SenateEnrolled
    DELIVERED TO GOVERNOR.
  3. Apr 24, 2026Senate
    Reported correctly enrolled and ordered delivered to the Governor.
  4. Apr 23, 2026Senate
    ORDERED ENROLLED
  5. Apr 23, 2026Senate
    Returned from the House as passed.
  6. Apr 23, 2026House
    Returned to the Senate as passed.
Show 10 earlier actions
  1. Apr 23, 2026House
    EMERGENCY CLAUSE ADOPTED
  2. Apr 23, 2026HouseFloor
    Read the third time and passed and ordered transmitted to the Senate.
  3. Apr 22, 2026HouseIntroduced
    Read the first time, rules suspended, read the second time and placed on the CALENDAR.
  4. Apr 22, 2026House
    RECEIVED FROM THE SENATE
  5. Apr 22, 2026Senate
    Ordered Immediately transmitted to the House.
  6. Apr 22, 2026Senate
    EMERGENCY CLAUSE ADOPTED
  7. Apr 22, 2026SenateFloor
    Read the third time and passed.
  8. Apr 21, 2026SenateCommittee
    Returned by the Committee, with the recommendation that it Do Pass
  9. Apr 14, 2026SenateIntroduced
    Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE
  10. Apr 14, 2026SenateIntroduced
    Filed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

cross reference100% confidence

Carryover Funding from Act 78 of 2025

The bill explicitly carries forward unspent appropriation balances originally established under Act 78 of the 2025 session.

Connected Entities

Development and Enhancement Fund, Department of Finance and Administration, Department of Commerce and 4 more
otherDevelopment and Enhancement Fund“Fund source for capital improvement projects, grants, and programs”Map →
OrganizationDepartment of Finance and Administration“Promulgates regulations and fiscal control rules”Map →
OrganizationDepartment of Commerce“Recipient of reappropriated funds”Map →
otherMinority and Women-Owned Business Loan Mobilization Revolving Fund“Fund source for minority business loan mobilization reappropriation”Map →
OrganizationGeneral Assembly“Enacted the appropriations legislation”Map →
OrganizationJoint Budget Committee“Legislative sponsor of Senate Bill 72”Map →
OrganizationArkansas Economic Development Commission“Administers capital improvement projects and economic development grants”Map →

Sources

Open source document

arkleg.state.ar.us

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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