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A new day at the Capitol: state legislature convenes for first-ever fiscal session.

When the 87th General Assembly convenes Monday for Arkansas' initial fiscal session, state representatives and senators will be taking part in something many of them never thought they'd see--a session in an even-numbered year. But in November 2008, 69 percent of Arkansas voters approved proposed Amendment 2, which became Amendment 86 to the Arkansas Constitution and established the fiscal session.

FISCAL SESSION FACTS

* Amendment 86 reduces the period for which appropriation bills are valid from two fiscal year to one.

* Each fiscal session will begin the second Monday in February of even-numbered years.

* For non-appropriation legislation to be introduced, concurrent resolution substantially describing the bill must be approved by a two-thirds vote in both chambers.

* If a concurrent resolution is approved by two-thirds of the House and the Senate, the non-appropriation bill referenced in the resolution must be filed no later than the 15th day of the session.

30

Number of calendar days, provided by the state Constitution, which the fiscal session shall not exceed. However, the session can be extended one time for no more than 15 calendar days by a three-fourths vote in both the House and the Senate.
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Title Annotation:Inside Business
Publication:Arkansas Business
Date:Feb 8, 2010
Words:191
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