The civic record
Read. Follow. Verify.Arkansas appropriates $14.77 million for State Bank Department and $4.8 million for State Securities Department for fiscal year 2027
Last action · April 22, 2026: Notification that HB1028 is now Act 35
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What This Bill Does
Arkansas enacted House Bill 1028 to appropriate $14,768,700 for the State Bank Department and $4,802,527 across the State Securities Department's operations, refunds, and Investor Education Fund for the ending June 30, 2027. The measure sets maximum staffing levels at 92 positions for the Bank Department and 41 positions for the Securities Department, taking effect on July 1, 2026.
The law authorizes state spending and staffing caps for financial regulatory oversight agencies, dictating resource allocations for bank and securities examinations, investor education grants, and agency operations throughout the .
- House Bill 1028 was introduced during the 2026 Fiscal Session by the Joint Budget Committee and was enacted as Act 35. 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.
State Bank Department
Receives its fiscal year operating appropriations, salary caps, and maximum staffing limits.
State Securities Department
Receives operational, refund, and Investor Education Fund appropriations along with staffing authorizations.
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 funding provided for the State Bank Department?
How many staff positions are authorized for the State Securities Department?
Where do the funds for the Investor Education Fund appropriation come from?
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News Coverage
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Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
16 actions- Apr 22, 2026HouseEnrolledNotification that HB1028 is now Act 35
- Apr 16, 2026HouseCorrectly enrolled and ordered transmitted to the Governor's Office.
- Apr 16, 2026HouseTO BE ENROLLED
- Apr 16, 2026HouseReturned from the Senate as passed.
- Apr 16, 2026SenateReturned to the House as Passed.
- Apr 16, 2026SenateEMERGENCY CLAUSE ADOPTED
Show 10 earlier actions
- Apr 16, 2026SenateFloorRead the third time and passed.
- Apr 15, 2026SenateIntroducedRead the first time, rules suspended, read the second time and placed on the calendar.
- Apr 15, 2026SenateReceived from the House.
- Apr 15, 2026HouseEMERGENCY CLAUSE ADOPTED
- Apr 15, 2026HouseFloorRead the third time and passed and ordered transmitted to the Senate.
- Apr 15, 2026HouseConsidered in the Committee of the Whole, and recommended do pass.
- Apr 15, 2026HouseRULES SUSPENDED
- Apr 14, 2026HouseCommitteeReturned by the Committee Do Pass
- Apr 8, 2026HouseIntroducedRead the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEE
- Apr 1, 2026HouseIntroducedFiled
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.
Connected Entities
Sources
arkleg.state.ar.us
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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