HB 1028·AR·house
AN ACT FOR THE DEPARTMENT OF COMMERCE - STATE BANK DEPARTMENT AND STATE SECURITIES DEPARTMENT APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.
Signed into LawFiled Apr 1, 2026
Sponsor: Joint Budget Committee
Latest Action
Notification that HB1028 is now Act 35
Apr 22, 2026
Summary
The bill provides money for salaries, temporary staff, operating costs and specific programs for the Department of Commerce’s State Bank and State Securities divisions for the fiscal year ending June 30, 2027. It also caps the number of regular and extra‑help employees in each division and requires the funds be spent in accordance with existing state procurement and budgeting laws. The measure took effect on July 1, 2026 under an emergency declaration.
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