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Enacted

Arkansas Appropriates $3.4 Million for Auditor Operations and $50 Million for Unclaimed Property Claims for Fiscal Year 2027

Original title: AN ACT FOR THE AUDITOR OF STATE - OPERATIONS AND UNCLAIMED PROPERTY PROGRAM APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

Last action · May 1, 2026: Notification that SB51 is now Act 154

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Arkansas enacts Senate Bill 51 (Act 154), allocating $3,438,833 for the Auditor of State operations and $3,824,800 for the Unclaimed Property Program, plus $52.5 million in cash funds for claims and mineral proceeds, effective July 1, 2026.

Why it matters

Residents seeking to claim abandoned property or mineral proceeds rely on these funded state operations and claim pools for payouts throughout the 2027 .

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

Auditor of State

Receives funding allocations, position limits, and transfer authorities for operations and programs.

Directly affected

Claimants of Unclaimed Property

Access up to $50 million in appropriated cash funds for the payment of property claims.

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

How much money is appropriated for paying unclaimed property claims?
The act appropriates $50,000,000 from cash funds specifically for the payment of unclaimed property claims.
What is the source of funding for the Auditor's operational expenses?
Operations and unclaimed property program expenses are payable from the , while claim payouts are payable from cash funds.

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

18 actions
  1. May 1, 2026SenateEnrolled
    Notification that SB51 is now Act 154
  2. Apr 28, 2026SenateEnrolled
    DELIVERED TO GOVERNOR.
  3. Apr 28, 2026Senate
    Reported correctly enrolled and ordered delivered to the Governor.
  4. Apr 28, 2026Senate
    ORDERED ENROLLED
  5. Apr 28, 2026Senate
    Returned from the House as passed.
  6. Apr 28, 2026House
    Returned to the Senate as passed.
Show 12 earlier actions
  1. Apr 28, 2026House
    EMERGENCY CLAUSE ADOPTED
  2. Apr 28, 2026HouseFloor
    Read the third time and passed and ordered transmitted to the Senate.
  3. Apr 27, 2026HouseIntroduced
    Read the first time, rules suspended, read the second time and placed on the CALENDAR.
  4. Apr 27, 2026House
    RECEIVED FROM THE SENATE
  5. Apr 27, 2026Senate
    Ordered Immediately transmitted to the House.
  6. Apr 27, 2026Senate
    EMERGENCY CLAUSE ADOPTED
  7. Apr 27, 2026SenateFloor
    Read the third time and passed.
  8. Apr 23, 2026Senate
    REPORTED CORRECTLY ENGROSSED
  9. Apr 23, 2026SenateFloor
    Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
  10. Apr 22, 2026SenateCommittee
    Returned by the Committee with the recommendation that it Do Pass as amended, Amendment # 1
  11. Apr 8, 2026SenateIntroduced
    Read first time, rules suspended, read second time, referred to JOINT BUDGET COMMITTEE
  12. 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.

Connected Entities

Department of Finance and Administration, Joint Budget Committee, Auditor of State and 3 more
OrganizationDepartment of Finance and Administration“Promulgator of fiscal regulations and publisher of budget manuals”Map →
OrganizationJoint Budget Committee“Legislative committee sponsoring the bill”Map →
OrganizationAuditor of State“Recipient of operational and program appropriations”Map →
OrganizationInstitute of Internal Auditors“Issuing body for required internal auditor certification”Map →
OrganizationState Central Services Fund“Source fund for operations and unclaimed property program appropriations”Map →
OrganizationArkansas Legislative Council“Review body for fund transfers”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
  • Buzz20
    Current news / social attention level

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