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Enacted

Arkansas appropriates $3.9 million for the Assessment Coordination Division for fiscal year 2026-2027

Original title: AN ACT FOR THE DEPARTMENT OF FINANCE AND ADMINISTRATION - ASSESSMENT COORDINATION DIVISION APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Last action · April 27, 2026: Notification that SB2 is now Act 74

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Arkansas enacts Senate Bill 2, appropriating $3,931,282 for personal services and operating expenses of the Department of Finance and Administration - Assessment Coordination Division for the ending June 30, 2027. The measure authorizes up to 33 employee positions, provides funding for real property reappraisal, and establishes fund transfer mechanisms.

Why it matters

Local governments and county assessors rely on state funding and oversight for property tax assessment operations, reappraisal projects, and training programs across Arkansas.

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

Assessment Coordination Division

The division receives its annual appropriation of $3,931,282 and operating authority for the 2026-2027 fiscal year.

Directly affected

County Assessors

Assessors and their staff receive funding for continuing education programs, assessor schools, and property reappraisal support.

Directly affected

Arkansas counties

Counties receive payments from the Arkansas Real Property Reappraisal Fund to cover the costs of real property reappraisal.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the total state operations appropriation for the Assessment Coordination Division?
The total amount appropriated for state operations is $3,931,282 for the ending June 30, 2027.
How are real property reappraisals funded under this act?
The act appropriates $15,750,000 from the Arkansas Real Property Reappraisal Fund and authorizes monthly fund transfers from the Department of Education Public School Fund Account, County Aid Fund, and Municipal Aid Fund up to $14,250,000 per .
How many regular employee positions are authorized for the division?
A maximum of 33 regular employees are authorized for the division for the 2026-2027 .

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

20 actions
  1. Apr 27, 2026SenateEnrolled
    Notification that SB2 is now Act 74
  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 14 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 15, 2026SenateCommittee
    Re-referred to JOINT BUDGET COMMITTEE
  10. Apr 15, 2026Senate
    REPORTED CORRECTLY ENGROSSED
  11. Apr 15, 2026SenateFloor
    Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
  12. Apr 15, 2026Senate
    Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 1
  13. Apr 8, 2026SenateIntroduced
    Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE
  14. Apr 1, 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.

View official text →

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.

financial connection95% confidence

Inter-Fund Transfer Mechanism for Real Property Reappraisal

The act mandates specific percentage transfers from the Department of Education Public School Fund, County Aid Fund, and Municipal Aid Fund to finance real property reappraisals up to a cap of $14,250,000.

Connected Entities

Department of Finance and Administration, General Assembly, Joint Budget Committee and 3 more
OrganizationDepartment of Finance and Administration“Parent agency receiving appropriations”Map →
OrganizationGeneral Assembly“State legislative body enacting the bill”Map →
OrganizationJoint Budget Committee“Legislative committee sponsoring the bill”Map →
PersonChief Fiscal Officer of the State“State official approving fund transfers”Map →
OrganizationState Treasurer“Treasury handling fund transfers”Map →
OrganizationAssessment Coordination Division“Division receiving the appropriation and operating funds”Map →

Sources

Open source document

arkleg.state.ar.us

Analysis Score

0–100
  • Significance65
    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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