---
type: "Bill"
title: "TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A PROGRAM FACT SHEET TO THE LEGISLATIVE COUNCIL AND ARKANSAS LEGISLATIVE AUDIT FOR EACH NEW BOND ISSUE."
description: "TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A PROGRAM FACT SHEET TO THE LEGISLATIVE COUNCIL AND ARKANSAS LEGISLATIVE AUDIT FOR EACH NEW BOND ISSUE."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2025"
identifier: "SB 384"
citation: "Arkansas SB 384 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Cavenaugh", "Crowell"]
version_count: 2
action_count: 15
vote_count: 0
first_action: "2025-03-05T17:00:13+00:00"
last_action: "2025-04-07T18:16:02+00:00"
source: "openstates"
source_identifier: "ocd-bill/23a7959a-478f-47eb-9b4d-38e4da07711f"
source_url: "https://www.arkleg.state.ar.us/Bills/FTPDocument/?path=%2fSessionInformation%2LegislativeMeasures.txt"
source_hash: "72bf355ea633d59616a81226d8312eceb314b45e076820c407a540a6a8524481"
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 384 (2025) — TO REPEAL THE REQUIREMENT THAT THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY SUBMIT A PROGRAM FACT SHEET TO THE LEGISLATIVE COUNCIL AND ARKANSAS LEGISLATIVE AUDIT FOR EACH NEW BOND ISSUE.

## Version chain

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

1. **Act 468** (committee substitute) — [source](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=468.pdf&ddBienniumSession=2025%2F2025R)
2. **SB 384** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2025/2025R/Bills/SB384.pdf)

## Sponsors

- Cavenaugh — primary (person)
- Crowell — primary (person)

## Timeline

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

- **2025-03-05T17:00:13+00:00** Filed `introduction`
- **2025-03-05T20:10:39+00:00** Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE `reading-1, referral-committee`
- **2025-03-12T18:56:06+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2025-03-13T20:19:20+00:00** Read the third time and passed. `passage, reading-3`
- **2025-03-13T20:19:22+00:00** Ordered Immediately transmitted to the House.
- **2025-03-13T22:04:18+00:00** RECEIVED FROM THE SENATE
- **2025-03-13T22:30:47+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE `reading-1, reading-2, referral-committee`
- **2025-03-20T17:59:43+00:00** Returned by the Committee Do Pass `committee-passage`
- **2025-04-01T21:12:29+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2025-04-01T21:12:35+00:00** Returned to the Senate as passed.
- **2025-04-01T23:23:45+00:00** Returned from the House as passed.
- **2025-04-01T23:23:50+00:00** ORDERED ENROLLED
- **2025-04-02T13:31:03+00:00** Reported correctly enrolled and ordered delivered to the Governor.
- **2025-04-02T13:31:05+00:00** DELIVERED TO GOVERNOR. `executive-receipt`
- **2025-04-07T18:16:02+00:00** Notification that SB384 is now Act 468 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/23a7959a-478f-47eb-9b4d-38e4da07711f`. Confidence: reported (aggregated from official Arkansas legislature records).