Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
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1 State of Arkansas As Engrossed: H3/18/25
2 95th General Assembly
A Bill
3 Regular Session, 2025 HOUSE BILL 1095
4
5 By: Joint Budget Committee
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7
8 For An Act To Be Entitled
9 AN ACT TO MAKE AN APPROPRIATION FOR PERSONAL SERVICES
10 AND OPERATING EXPENSES FOR THE DEPARTMENT OF COMMERCE
11 - STATE BANK DEPARTMENT AND STATE SECURITIES
12 DEPARTMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2026;
13 AND FOR OTHER PURPOSES.
14
15
16 Subtitle
17 AN ACT FOR THE DEPARTMENT OF COMMERCE -
18 STATE BANK DEPARTMENT AND STATE
19 SECURITIES DEPARTMENT APPROPRIATION FOR
20 THE 2025-2026 FISCAL YEAR.
21
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23 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
24
25 SECTION 1. REGULAR SALARIES - OPERATIONS. There is hereby established
26 for the Department of Commerce - State Bank Department for the 2025-2026
27 fiscal year, the following maximum number of regular employees.
28
29 Maximum Annual
30 Maximum Salary Rate
31 Item Class No. of Fiscal Year
32 No. Code Title Employees 2025-2026
33 (1) U049U ACOM STATE BANK COMMISSIONER 1 GRADE SE04
34 (2) U086U ACOM BANK DEPUTY COMMISSIONER 2 GRADE SE02
35 (3) D002N STATE DATABASE ADMINISTRATOR LEAD 1 GRADE IT11
36 (4) D012C DATABASE SPECIALIST 2 GRADE IT08
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As Engrossed: H3/18/25 HB1095
1 (5) D022C SYSTEMS SPECIALIST 1 GRADE IT06
2 (6) A005N ACOM ASST DEPUTY BANK COMMISSIONER 6 GRADE GS15
3 (7) A030C ACOM BANK CERTIFIED EXAM MANAGER 9 GRADE GS14
4 (8) G257C ACOM BANK CHIEF COUNSEL 1 GRADE GS14
5 (9) A018C ACOM BANK CHIEF EXAMINER 1 GRADE GS14
6 (10) A039C CERTIFIED BANK SENIOR EXAMINER 59 GRADE GS13
7 (11) R019C BUDGET MANAGER 1 GRADE GS09
8 (12) A038C FISCAL SUPPORT MANAGER 1 GRADE GS09
9 (13) C010C EXECUTIVE ASSISTANT TO THE DIRECTOR 1 GRADE GS07
10 (14) C037C ADMINISTRATIVE ANALYST 3 GRADE GS06
11 (15) B076C RESEARCH PROJECT ANALYST 2 GRADE GS06
12 (16) C056C ADMINISTRATIVE SPECIALIST III 1 GRADE GS04
13 MAX. NO. OF EMPLOYEES 92
14
15 SECTION 2. EXTRA HELP. There is hereby authorized, for the Department
16 of Commerce - State Bank Department for the 2025-2026 fiscal year, the
17 following maximum number of part-time or temporary employees, to be known as
18 "Extra Help", payable from funds appropriated herein for such purposes: four
19 (4) temporary or part-time employees, when needed, at rates of pay not to
20 exceed those provided in the Uniform Classification and Compensation Act, or
21 its successor, or this act for the appropriate classification.
22
23 SECTION 3. APPROPRIATION - OPERATIONS. There is hereby appropriated,
24 to the Department of Commerce, to be payable from the Bank Department Fund,
25 for personal services and operating expenses of the Department of Commerce -
26 State Bank Department for the fiscal year ending June 30, 2026, the
27 following:
28
29 ITEM FISCAL YEAR
30 NO. 2025-2026
31 (01) REGULAR SALARIES $8,935,898
32 (02) EXTRA HELP 200,000
33 (03) PERSONAL SERVICES MATCHING 2,805,220
34 (04) MAINT. & GEN. OPERATION
35 (A) OPER. EXPENSE 2,000,000
36 (B) CONF. & TRAVEL 375,000
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As Engrossed: H3/18/25 HB1095
1 (C) PROF. FEES 100,000
2 (D) CAP. OUTLAY 350,000
3 (E) DATA PROC. 0
4 TOTAL AMOUNT APPROPRIATED $14,766,118
5
6 SECTION 4. REGULAR SALARIES. There is hereby established for the
7 Department of Commerce - State Securities Department for the 2025-2026 fiscal
8 year, the following maximum number of regular employees.
9
10 Maximum Annual
11 Maximum Salary Rate
12 Item Class No. of Fiscal Year
13 No. Code Title Employees 2025-2026
14 (1) U040U ACOM SECURITIES COMMISSIONER 1 GRADE SE02
15 (2) D007C INFORMATION SYSTEMS MANAGER 1 GRADE IT08
16 (3) N137N ACOM SECURITIES DEPUTY COMMISSIONER 1 GRADE GS14
17 (4) X008C ACOM SECURITIES CHIEF EXAMINER 2 GRADE GS13
18 (5) G004C MANAGING ATTORNEY 1 GRADE GS13
19 (6) G025C ATTORNEY SUPERVISOR 1 GRADE GS12
20 (7) A014C FISCAL DIVISION MANAGER 1 GRADE GS12
21 (8) A027C ACCOUNTING OPERATIONS MANAGER 1 GRADE GS11
22 (9) X015C ACOM SECURITIES EXAMINER SUPERVISOR 5 GRADE GS11
23 (10) G047C ATTORNEY SPECIALIST 4 GRADE GS11
24 (11) X032C ACOM SENIOR SECURITIES EXAMINER 15 GRADE GS09
25 (12) X061C ACOM SECURITIES EXAMINER 4 GRADE GS07
26 (13) A076C FINANCE PROGRAM ANALYST 1 GRADE GS07
27 (14) A075C FINANCIAL ANALYST I 1 GRADE GS07
28 (15) C037C ADMINISTRATIVE ANALYST 2 GRADE GS06
29 MAX. NO. OF EMPLOYEES 41
30
31 SECTION 5. EXTRA HELP. There is hereby authorized, for the Department
32 of Commerce - State Securities Department for the 2025-2026 fiscal year, the
33 following maximum number of part-time or temporary employees, to be known as
34 "Extra Help", payable from funds appropriated herein for such purposes: three
35 (3) temporary or part-time employees, when needed, at rates of pay not to
36 exceed those provided in the Uniform Classification and Compensation Act, or
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As Engrossed: H3/18/25 HB1095
1 its successor, or this act for the appropriate classification.
2
3 SECTION 6. APPROPRIATION - OPERATIONS. There is hereby appropriated,
4 to the Department of Commerce, to be payable from the Securities Department
5 Fund, for personal services and operating expenses of the Department of
6 Commerce - State Securities Department for the fiscal year ending June 30,
7 2026, the following:
8
9 ITEM FISCAL YEAR
10 NO. 2025-2026
11 (01) REGULAR SALARIES $2,765,358
12 (02) EXTRA HELP 50,000
13 (03) PERSONAL SERVICES MATCHING 952,480
14 (04) MAINT. & GEN. OPERATION
15 (A) OPER. EXPENSE 600,000
16 (B) CONF. & TRAVEL 75,000
17 (C) PROF. FEES 20,984
18 (D) CAP. OUTLAY 0
19 (E) DATA PROC. 0
20 (05) EXAMINATION TRAVEL 20,000
21 TOTAL AMOUNT APPROPRIATED $4,483,822
22
23 SECTION 7. APPROPRIATION - REFUNDS AND REIMBURSEMENTS. There is hereby
24 appropriated, to the Department of Commerce, to be payable from the cash
25 funds as defined by Arkansas Code 19-4-801, for refunds and reimbursements of
26 the Department of Commerce - State Securities Department for the fiscal year
27 ending June 30, 2026, the following:
28
29 ITEM FISCAL YEAR
30 NO. 2025-2026
31 (01) REFUNDS/REIMBURSEMENTS $50,000
32
33 SECTION 8. APPROPRIATION - INVESTOR EDUCATION FUND. There is hereby
34 appropriated, to the Department of Commerce, to be payable from the Investor
35 Education Fund, for operating expenses, promotional items, and grants of the
36 Department of Commerce - State Securities Department for the fiscal year
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As Engrossed: H3/18/25 HB1095
1 ending June 30, 2026, the following:
2
3 ITEM FISCAL YEAR
4 NO. 2025-2026
5 (01) MAINT. & GEN. OPERATION
6 (A) OPER. EXPENSE $36,000
7 (B) CONF. & TRAVEL 10,000
8 (C) PROF. FEES 0
9 (D) CAP. OUTLAY 0
10 (E) DATA PROC. 0
11 (02) GRANTS AND AID 250,000
12 (03) PROMOTIONAL ITEMS 20,000
13 TOTAL AMOUNT APPROPRIATED $316,000
14
15 SECTION 9. COMPLIANCE WITH OTHER LAWS. Disbursement of funds
16 authorized by this act shall be limited to the appropriation for such agency
17 and funds made available by law for the support of such appropriations; and
18 the restrictions of the State Procurement Law, the General Accounting and
19 Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary
20 Procedures and Restrictions Act, or their successors, and other fiscal
21 control laws of this State, where applicable, and regulations promulgated by
22 the Department of Finance and Administration, as authorized by law, shall be
23 strictly complied with in disbursement of said funds.
24
25 SECTION 10. LEGISLATIVE INTENT. It is the intent of the General
26 Assembly that any funds disbursed under the authority of the appropriations
27 contained in this act shall be in compliance with the stated reasons for
28 which this act was adopted, as evidenced by the Agency Requests, Executive
29 Recommendations and Legislative Recommendations contained in the budget
30 manuals prepared by the Department of Finance and Administration, letters, or
31 summarized oral testimony in the official minutes of the Arkansas Legislative
32 Council or Joint Budget Committee which relate to its passage and adoption.
33
34 SECTION 11. EMERGENCY CLAUSE. It is found and determined by the
35 General Assembly, that the Constitution of the State of Arkansas prohibits
36 the appropriation of funds for more than a one (1) year period; that the
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As Engrossed: H3/18/25 HB1095
1 effectiveness of this Act on July 1, 2025 is essential to the operation of
2 the agency for which the appropriations in this Act are provided, and that in
3 the event of an extension of the legislative session, the delay in the
4 effective date of this Act beyond July 1, 2025 could work irreparable harm
5 upon the proper administration and provision of essential governmental
6 programs. Therefore, an emergency is hereby declared to exist and this Act
7 being necessary for the immediate preservation of the public peace, health
8 and safety shall be in full force and effect from and after July 1, 2025.
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10 /s/Joint Budget Committee
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6 03-18-2025 17:11:16 MAH014Every fact on this page links to its source, starting with the official bill record.