ArkansasState sets aside $13 million for fire pensions and departments
The law sets aside $8 million for municipal fire and police pension taxes and $5 million for payments to Arkansas fire departments in fiscal year 2025–2026.
What it does
The law sets aside $8 million for taxes for municipal fire and police relief and pension funds during fiscal year 2025–2026.
The law sets aside $5 million for payments to Arkansas fire departments during fiscal year 2025–2026.
Argument forThe appropriations could help municipal pension funds pay taxes and help Arkansas fire departments receive funding during fiscal year 2025–2026.
Argument againstPayments could fall short of the appropriated amounts if the state does not make enough money available to support them.
More detail
The law appropriates $8 million from the Firemen’s and Police Officers’ Pension and Relief Fund for these tax payments. The money is for taxes for municipal fire and police relief and pension funds. Disbursements must follow applicable state fiscal control laws and regulations. The money is limited to funds made available by law for the appropriation. The appropriation is for fiscal year 2025–2026. The act took effect upon passage and approval.
The law appropriates $5 million from the Fire Protection Premium Tax Fund for payments to fire departments. The money is for additional funding of Arkansas fire departments under the cited state laws. Payments must follow applicable state fiscal control laws and regulations. The money is limited to funds made available by law for the appropriation. The appropriation is for fiscal year 2025–2026. The act took effect upon passage and approval.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 27Notification that HB1088 is now Act 111Became Law
- Apr 23Correctly enrolled and ordered transmitted to the Governor's Office.To Governor
- Apr 23TO BE ENROLLED
- Apr 23Returned from the Senate as passed.
- Apr 23Returned to the House as Passed.
- Apr 23EMERGENCY CLAUSE ADOPTED
- Apr 23Read the third time and passed.Passed Senate
- Apr 22Read the first time, rules suspended, read the second time and placed on the calendar.Minor
- Apr 22Received from the House.
- Apr 22EMERGENCY CLAUSE ADOPTED
- Apr 22Read the third time and passed and ordered transmitted to the Senate.Passed House
- Apr 21Returned by the Committee Do PassMinor
- Apr 14Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEEMinor
- Apr 14FiledIntroduced
Public SafetyTaxes & Budget