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Arkansas General Assembly· SB 424Notification that SB424 is now Act 422

An act TO AMEND THE LAW CONCERNING THE ACCOUNTABILITY 10 AND TRANSPARENCY OF A MUNICIPAL IMPROVEMENT DISTRICT, the official text

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.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas               A Bill
2 95th General Assembly

3 Regular Session, 2025                                                      SENATE BILL 424

4

5 By: Senators G. Stubblefield, J. English, K. Hammer, G. Leding, C. Tucker

6 By: Representatives Hudson, K. Brown, Furman, Holcomb, Lundstrum

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8                        For An Act To Be Entitled

9            AN ACT TO AMEND THE LAW CONCERNING THE ACCOUNTABILITY

10           AND TRANSPARENCY OF A MUNICIPAL IMPROVEMENT DISTRICT;

11           AND FOR OTHER PURPOSES.

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14                                    Subtitle

15                       TO AMEND THE LAW CONCERNING THE

16                       ACCOUNTABILITY AND TRANSPARENCY OF A

17                       MUNICIPAL IMPROVEMENT DISTRICT.

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19 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

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21  SECTION 1. Arkansas Code Title 14, Chapter 88, Subchapter 5, is

22 amended to add an additional section to read as follows:

23  14-88-506. Public comment required.

24  A municipal improvement district board shall allow public comment on

25 any item on the agenda for a special meeting or regular meeting before action

26 is taken by the municipal improvement district board.

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28  SECTION 2. Arkansas Code � 14-89-1501(a), concerning quarterly

29 financial reports for municipal improvement districts, is amended to read as

30 follows:

31  (a)(1) All improvement districts in any city or incorporated town in

32 this state established for the purpose of making improvements for municipal

33 purposes shall meet at least four (4) times per year or quarterly in each

34 quarter of the calendar year.

35           (2)(A) Notice of each meeting, including without limitation each

36 quarterly meeting under this section, shall be given by the municipal

    *SSS249*                                                        03/11/2025 12:12:14 PM SSS249
                                                                           SB424

1 improvement district to all record owners of property in the municipal

2 improvement district no more than thirty (30) days before the meeting date

3 and no less than ten (10) days before the meeting date.

4   (B) The municipal improvement district board shall provide

5 the agenda for each meeting to the record owners of the property in the

6 municipal improvement district with the notice required under subdivision

7 (a)(2)(A) of this section.

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