---
type: "Bill"
title: "TO AMEND THE FORMULA RATE REVIEW ACT; AND TO DECLARE AN EMERGENCY."
description: "TO AMEND THE FORMULA RATE REVIEW ACT; AND TO DECLARE AN EMERGENCY."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2021"
identifier: "HB 1662"
citation: "Arkansas HB 1662 (2021)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["B. Davis", "Maddox"]
version_count: 1
action_count: 15
vote_count: 2
first_action: "2021-03-08T18:43:44+00:00"
last_action: "2021-03-22T18:04:23+00:00"
source: "openstates"
source_identifier: "ocd-bill/7bfd193b-9aa3-4665-a093-3f7af6c26eee"
source_url: "ftp://www.arkleg.state.ar.us/SessionInformation/LegislativeMeasures.txt"
source_hash: "1d36d33b7980ebcaddbf6b1cfd214fc35c41469825b814776eebf15d34bbb6e3"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ar"]
---

# Arkansas HB 1662 (2021) — TO AMEND THE FORMULA RATE REVIEW ACT; AND TO DECLARE AN EMERGENCY.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB 1662** (committee substitute) — [source](ftp://www.arkleg.state.ar.us/Bills/2021R/Public/Searchable/HB1662.pdf)

## Votes

- Read the third time and passed and ordered transmitted to the Senate. — **94–0** (pass) · lower
- Read the third time and passed. — **32–1** (pass) · upper

## Sponsors

- B. Davis — primary (person)
- Maddox — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-03-08T18:43:44+00:00** Filed `introduction`
- **2021-03-08T22:42:32+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE `reading-1, reading-2, referral-committee`
- **2021-03-10T19:47:20+00:00** Returned by the Committee Do Pass `committee-passage`
- **2021-03-11T19:37:30+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2021-03-11T19:37:34+00:00** EMERGENCY CLAUSE ADOPTED
- **2021-03-11T22:18:59+00:00** Received from the House.
- **2021-03-11T22:19:13+00:00** Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE `reading-1, referral-committee`
- **2021-03-16T21:53:45+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2021-03-17T20:38:00+00:00** Read the third time and passed. `passage, reading-3`
- **2021-03-17T20:38:15+00:00** EMERGENCY CLAUSE ADOPTED
- **2021-03-17T20:38:22+00:00** Returned to the House as passed.
- **2021-03-17T21:30:13+00:00** Returned From the Senate as passed.
- **2021-03-17T21:30:20+00:00** TO BE ENROLLED
- **2021-03-18T13:28:08+00:00** Correctly enrolled and ordered transmitted to the Governor's Office.
- **2021-03-22T18:04:23+00:00** Notification that HB1662 is now Act 404 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7bfd193b-9aa3-4665-a093-3f7af6c26eee`. Confidence: reported (aggregated from official Arkansas legislature records).