Who sponsored HB 1027?

HB 1027 was sponsored by Denise Garner (D), Rep.

Gives One-Time Funds for Future Savings

IntroducedN/A

Failed1 year ago

Intro

House

Senate

Pres

Died in House Committee at Sine Die adjournment.

Why This Matters

This bill creates the Brighter Start Act of 2025, which gives a one-time contribution to savings accounts for children's futures in Arkansas.

If you have a Brighter Future Fund Plan account in Arkansas, you will receive a one-time contribution to help save for your child's future.

Who this affects

families in Arkansas

What changes is this bill making?

1This bill provides a one-time payment to help families save for their children's future.
2The Treasurer of State will contribute to both existing and new Arkansas Brighter Future Fund Plan accounts.
3Families can use these funds for education or other important expenses.
4The program aims to encourage saving for children's long-term needs.
5This initiative is part of a broader effort to support families in Arkansas.

Read the detailed summary

To Create The Brighter Start Act Of 2025; And To Require The Treasurer Of State To Make A One-time Contribution To Each Existing And Future Arkansas Brighter Future Fund Plan Account.

Gives One-Time Funds for Future Savings

IntroducedN/A

Failed1 year ago

Intro

House

Senate

Pres

Died in House Committee at Sine Die adjournment.

Why This Matters

This bill creates the Brighter Start Act of 2025, which gives a one-time contribution to savings accounts for children's futures in Arkansas.

If you have a Brighter Future Fund Plan account in Arkansas, you will receive a one-time contribution to help save for your child's future.

Who this affects

families in Arkansas

What changes is this bill making?

1This bill provides a one-time payment to help families save for their children's future.
2The Treasurer of State will contribute to both existing and new Arkansas Brighter Future Fund Plan accounts.
3Families can use these funds for education or other important expenses.
4The program aims to encourage saving for children's long-term needs.
5This initiative is part of a broader effort to support families in Arkansas.

Read the detailed summary

To Create The Brighter Start Act Of 2025; And To Require The Treasurer Of State To Make A One-time Contribution To Each Existing And Future Arkansas Brighter Future Fund Plan Account.