TO AMEND THE REVENUE STABILIZATION LAW; TO CREATE FUNDS; TO MAKE TRANSFERS TO AND FROM FUNDS AND FUND ACCOUNTS; AND TO DECLARE AN EMERGENCY.
Notification that SB75 is now Act 144
Summary
The bill changes how the state treasurer distributes general revenue, establishing maximum dollar amounts for dozens of education, health, and other state funds beginning fiscal year 2026‑27. It also moves specific sums from the General Revenue Allotment Reserve into set‑aside accounts for Medicaid, children’s education freedom, discretionary voting, and motor vehicles, and authorizes up to $150 million for an advanced‑manufacturing incentive and related highway improvements in West Memphis. The changes take effect on July 1 2026 to avoid a funding gap for essential services.
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