An Act For The Department Of Finance And Administration - Assessment Coordination Division Appropriation For The 2025-2026 Fiscal Year.
Summary
SB43 is the fiscal year 2025-2026 appropriation act for the Arkansas Department of Finance and Administration’s Assessment Coordination Division. It authorizes funding for the division’s regular salaries, extra help, operating expenses, assessor training, assessment incentives, and real property reappraisal activities. The bill also sets the maximum number of employees and temporary workers the division may employ during the fiscal year.
The measure includes specific appropriations for state operations, a cash-funded operating account, the County Assessors’ Continuing Education Fund, and the Arkansas Real Property Reappraisal Fund. It also contains special language authorizing monthly fund transfers to support county and professional property reappraisal costs, as well as internal transfers to ensure adequate funding for assessor training. An emergency clause makes the act effective July 1, 2025.
Impact
SB43 primarily affects state budget law and the administration of property assessment and reappraisal functions in Arkansas. It appropriates a total of $3,830,790 for state operations, $55,000 for cash-funded operations, $60,000 for county assessors’ continuing education, and $15,750,000 for real property reappraisal, while also authorizing up to $1,500,000 in transfers from the division’s miscellaneous agencies support account and up to $14,250,000 in certified fund transfers to the Arkansas Real Property Reappraisal Fund. The act governs how DFA’s Assessment Coordination Division may spend funds, staff positions, and move money among accounts for the 2025-2026 fiscal year.
Sentiment
The bill appears to have been noncontroversial and broadly supported. Voting history shows unanimous passage in both chambers, with 32-0 in one third-reading vote and 99-0 in the other. No committee transcript or recorded debate is provided, which suggests little visible opposition or public contention in the available record.
Contention
There is no documented substantive opposition in the provided materials. The only potentially sensitive policy issues are the size and source of the reappraisal funding transfers, the authority to move money between accounts, and the allocation of funds for assessor training and incentives. However, the unanimous votes and lack of committee discussion indicate these provisions were not a source of recorded contention in the available history.