Arkansas General Assembly Prepares to Adjourn
Arkansas lawmakers concluded most of their work for the 2015 regular legislative session on April 2. The Arkansas General Assembly passed the Revenue Stabilization Act (Senate Bill 689 and House Bill 1548), which provides $5.2 billion in 2015-16, up 2.6 percent, including $2.2 billion to the Public School Fund, a 2.3 percent increase. Institutions of higher education will receive flat funding at $733.5 million.
Legislators recessed and will reconvene in the upcoming weeks to make technical changes to bills, consider any governor’s vetoes and formally adjourn the legislative session.