---
type: "Bill"
title: "TO UPDATE THE LAW ON SPENDTHRIFT TRUSTS; AND TO ALLOW FOR THE CREATION OF A DOMESTIC ASSET PROTECTION TRUST."
description: "TO UPDATE THE LAW ON SPENDTHRIFT TRUSTS; AND TO ALLOW FOR THE CREATION OF A DOMESTIC ASSET PROTECTION TRUST."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2023"
identifier: "HB 1394"
citation: "Arkansas HB 1394 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["C. Penzo", "Maddox"]
version_count: 2
action_count: 13
vote_count: 2
first_action: "2023-02-09T19:12:36+00:00"
last_action: "2023-03-17T17:22:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/dc6c1efe-1c0d-4cf7-8e50-50ed1eceb607"
source_url: "ftp://www.arkleg.state.ar.us/SessionInformation/LegislativeMeasures.txt"
source_hash: "6871330944e205c4f264026775ea147b113515c8bac89e10d1f6ecf4a23bafa7"
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 1394 (2023) — TO UPDATE THE LAW ON SPENDTHRIFT TRUSTS; AND TO ALLOW FOR THE CREATION OF A DOMESTIC ASSET PROTECTION TRUST.

## Version chain

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

1. **Act 291** (committee substitute) — [source](http://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2F&file=291.pdf&ddBienniumSession=2023%2F2023R)
2. **HB 1394** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2023/2023R/Bills/HB1394.pdf)

## Votes

- Read the third time and passed. — **34–0** (pass) · upper
- Read the third time and passed and ordered transmitted to the Senate. — **93–0** (pass) · lower

## Sponsors

- C. Penzo — primary (person)
- Maddox — primary (person)
- Lundstrum — cosponsor (person)

## Timeline

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

- **2023-02-09T19:12:36+00:00** Filed `introduction`
- **2023-02-09T22:35:01+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on JUDICIARY COMMITTEE- HOUSE `reading-1, reading-2, referral-committee`
- **2023-02-23T17:14:10+00:00** Returned by the Committee Do Pass `committee-passage`
- **2023-02-27T19:58:28+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2023-02-27T21:56:04+00:00** Received from the House.
- **2023-02-27T21:56:12+00:00** Read first time, rules suspended, read second time, referred to JUDICIARY COMMITTEE - SENATE `reading-1, referral-committee`
- **2023-03-13T22:46:40+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2023-03-14T19:58:39+00:00** Read the third time and passed. `passage, reading-3`
- **2023-03-14T19:58:45+00:00** Returned to the House as passed.
- **2023-03-14T21:12:35+00:00** Returned From the Senate as passed.
- **2023-03-14T21:12:38+00:00** TO BE ENROLLED
- **2023-03-15T14:57:59+00:00** Correctly enrolled and ordered transmitted to the Governor's Office.
- **2023-03-17T17:22:00+00:00** Notification that HB1394 is now Act 291 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dc6c1efe-1c0d-4cf7-8e50-50ed1eceb607`. Confidence: reported (aggregated from official Arkansas legislature records).