---
type: "Bill"
title: "TO REPEAL THE ANNUAL REPORT REQUIRED UNDER THE VENTURE CAPITAL INVESTMENT ACT OF 2001."
description: "TO REPEAL THE ANNUAL REPORT REQUIRED UNDER THE VENTURE CAPITAL INVESTMENT ACT OF 2001."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2025"
identifier: "SB 383"
citation: "Arkansas SB 383 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Cavenaugh", "Crowell"]
version_count: 2
action_count: 17
vote_count: 0
first_action: "2025-03-05T16:58:45+00:00"
last_action: "2025-04-07T18:15:44+00:00"
source: "openstates"
source_identifier: "ocd-bill/6bf669a0-052b-4aaa-89fb-6883636ef4aa"
source_url: "https://www.arkleg.state.ar.us/Bills/FTPDocument/?path=%2fSessionInformation%2LegislativeMeasures.txt"
source_hash: "aa7cee161058e94fc1cc37808d2e5e9ee889031de772d3886d8bbb7b832995af"
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 383 (2025) — TO REPEAL THE ANNUAL REPORT REQUIRED UNDER THE VENTURE CAPITAL INVESTMENT ACT OF 2001.

## Version chain

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

1. **Act 467** (committee substitute) — [source](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=467.pdf&ddBienniumSession=2025%2F2025R)
2. **SB 383** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2025/2025R/Bills/SB383.pdf)

## Sponsors

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

## Timeline

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

- **2025-03-05T16:58:45+00:00** Filed `introduction`
- **2025-03-05T20:10:22+00:00** Read first time, rules suspended, read second time, referred to AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT - SENATE `reading-1, referral-committee`
- **2025-03-05T20:21:53+00:00** Withdrawn from Committee and placed on calendar.
- **2025-03-05T20:22:02+00:00** Re-referred to REVENUE & TAX - SENATE `referral-committee`
- **2025-03-12T18:55:35+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.
- **2025-03-13T22:04:09+00:00** RECEIVED FROM THE SENATE
- **2025-03-13T22:30:31+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`
- **2025-03-20T17:59:35+00:00** Returned by the Committee Do Pass `committee-passage`
- **2025-04-01T21:11:56+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2025-04-01T21:12:01+00:00** Returned to the Senate as passed.
- **2025-04-01T23:23:25+00:00** Returned from the House as passed.
- **2025-04-01T23:23:29+00:00** ORDERED ENROLLED
- **2025-04-02T13:30:54+00:00** Reported correctly enrolled and ordered delivered to the Governor.
- **2025-04-02T13:30:56+00:00** DELIVERED TO GOVERNOR. `executive-receipt`
- **2025-04-07T18:15:44+00:00** Notification that SB383 is now Act 467 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6bf669a0-052b-4aaa-89fb-6883636ef4aa`. Confidence: reported (aggregated from official Arkansas legislature records).