·      The 2020 Fiscal Session began at noon today.

·      As we did in the recent special session, the House met at the Jack Stephens Arena at UALR to provide enough space for social distancing.

·      The House passed two resolutions allowing the introduction of the Revenue Stabilization Act.

·      The Governor told the General Assembly our state’s economy is not slowing down, but rather on pause out of necessity.

·      Governor is asking to cut $205 million from the balanced budget proposal presented before the pandemic.

·      More than 110,000 unemployment applications in Arkansas have been processed.

·      Economic Development Commission has distributed $3M for short term bridge loans for small businesses. Governor is allocating another $1M for the program from Quick Action Closing Fund.

2020 Covid-19_infographic_2020-04-08.pdf

·      Joint Budget Committee meets tomorrow at 9:30. The House convenes again on April 15.