---
type: "Bill"
title: "TO TRANSFER THE ADMINISTRATIVE FUNCTIONS OF THE STATE SECURITIES DEPARTMENT TO THE STATE BANK DEPARTMENT; AND TO AMEND THE LAW CONCERNING THE ORGANIZATION OF THE STATE SECURITIES DEPARTMENT."
description: "TO TRANSFER THE ADMINISTRATIVE FUNCTIONS OF THE STATE SECURITIES DEPARTMENT TO THE STATE BANK DEPARTMENT; AND TO AMEND THE LAW CONCERNING THE ORGANIZATION OF THE STATE SECURITIES DEPARTMENT."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2023"
identifier: "SB 418"
citation: "Arkansas SB 418 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["J. Dismang", "Maddox"]
version_count: 2
action_count: 15
vote_count: 2
first_action: "2023-03-14T17:54:35+00:00"
last_action: "2023-04-19T20:59:26+00:00"
source: "openstates"
source_identifier: "ocd-bill/b6e7cc0c-babf-4b39-964e-ba0b0b3211d7"
source_url: "ftp://www.arkleg.state.ar.us/SessionInformation/LegislativeMeasures.txt"
source_hash: "c1f9862fcd3560c1f4abdce62f2f7330a4f0deb3f4efb82fb5d353cde6ca2f4e"
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 SB 418 (2023) — TO TRANSFER THE ADMINISTRATIVE FUNCTIONS OF THE STATE SECURITIES DEPARTMENT TO THE STATE BANK DEPARTMENT; AND TO AMEND THE LAW CONCERNING THE ORGANIZATION OF THE STATE SECURITIES DEPARTMENT.

## Version chain

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

1. **Act 475** (committee substitute) — [source](http://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2F&file=475.pdf&ddBienniumSession=2023%2F2023R)
2. **SB 418** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2023/2023R/Bills/SB418.pdf)

## Votes

- Read the third time and passed. — **34–0** (pass) · upper
- Read the third time and passed and ordered transmitted to the Senate. — **90–0** (pass) · lower

## Sponsors

- J. Dismang — primary (person)
- Maddox — primary (person)

## Timeline

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

- **2023-03-14T17:54:35+00:00** Filed `introduction`
- **2023-03-14T18:31:40+00:00** Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE `reading-1, referral-committee`
- **2023-03-16T16:23:27+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2023-03-27T19:35:25+00:00** Read the third time and passed. `passage, reading-3`
- **2023-03-27T19:35:35+00:00** Ordered immediately transmitted to the House.
- **2023-03-27T21:12:46+00:00** RECEIVED FROM THE SENATE
- **2023-03-27T23:11:37+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`
- **2023-03-29T20:00:34+00:00** Returned by the Committee Do Pass `committee-passage`
- **2023-03-30T21:40:24+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2023-03-30T21:40:30+00:00** Returned To the Senate as passed.
- **2023-03-31T16:44:23+00:00** Returned from the House as passed.
- **2023-03-31T16:44:28+00:00** ORDERED ENROLLED
- **2023-03-31T17:00:46+00:00** Reported correctly enrolled and ordered delivered to the Governor.
- **2023-03-31T17:00:47+00:00** DELIVERED TO GOVERNOR. `executive-receipt`
- **2023-04-19T20:59:26+00:00** Notification that SB418 is now Act 475 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b6e7cc0c-babf-4b39-964e-ba0b0b3211d7`. Confidence: reported (aggregated from official Arkansas legislature records).