News Release
On Thursday, the House passed SB80. This bill amends the Revenue Stabilization Act (RSA) by outlining state spending for the 2024-2025 Fiscal Year. It is identical to HB1097 which the House passed on Wednesday.
The RSA increases funding for the Education Freedom Accounts by $65.7 million. The public school fund will increase by $38.2 million and the funding allocated for Arkansas State Police will increase by $3.9 million.
The House will reconvene next Thursday, May 9.