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---
type: "Bill"
title: "TO ASSIST SMALL BUSINESS OWNERS TO FORM A LEGAL ENTITY IN THIS STATE; AND TO CLARIFY THE PROCEDURES AND STANDARDS USED FOR NAME AVAILABILITY FOR CERTAIN CORPORATIONS AND LIMITED LIABILITY COMPANIES."
description: "TO ASSIST SMALL BUSINESS OWNERS TO FORM A LEGAL ENTITY IN THIS STATE; AND TO CLARIFY THE PROCEDURES AND STANDARDS USED FOR NAME AVAILABILITY FOR CERTAIN CORPORATIONS AND LIMITED LIABILITY COMPANIES."
jurisdiction: "us/states/ar"
legislature: "Arkansas Legislature"
session: "2023"
identifier: "SB 205"
citation: "Arkansas SB 205 (2023)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["C. Penzo", "Lundstrum"]
version_count: 2
action_count: 15
vote_count: 2
first_action: "2023-02-06T21:05:27+00:00"
last_action: "2023-03-14T18:25:56+00:00"
source: "openstates"
source_identifier: "ocd-bill/68e86283-b64f-47bb-9693-ef9ca29db63b"
source_url: "ftp://www.arkleg.state.ar.us/SessionInformation/LegislativeMeasures.txt"
source_hash: "abf26bdfa88ffb53ad1e0983e90658ca79eb78b63f7cfe8ab2be515f4756ad31"
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 205 (2023) — TO ASSIST SMALL BUSINESS OWNERS TO FORM A LEGAL ENTITY IN THIS STATE; AND TO CLARIFY THE PROCEDURES AND STANDARDS USED FOR NAME AVAILABILITY FOR CERTAIN CORPORATIONS AND LIMITED LIABILITY COMPANIES.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Act 256** (committee substitute) — [source](http://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2F&file=256.pdf&ddBienniumSession=2023%2F2023R)
2. **SB 205** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2023/2023R/Bills/SB205.pdf)
## Votes
- Read the third time and passed and ordered transmitted to the Senate. — **96–0** (pass) · lower
- Read the third time and passed. — **32–1** (pass) · upper
## Sponsors
- C. Penzo — primary (person)
- Lundstrum — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-02-06T21:05:27+00:00** Filed `introduction`
- **2023-02-06T22:23:18+00:00** Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE `reading-1, referral-committee`
- **2023-02-21T19:32:04+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable`
- **2023-02-22T20:21:14+00:00** Read the third time and passed. `passage, reading-3`
- **2023-02-22T20:21:21+00:00** Ordered immediately transmitted to the House.
- **2023-02-22T20:53:15+00:00** RECEIVED FROM THE SENATE
- **2023-02-22T22:34:20+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`
- **2023-03-01T17:42:52+00:00** Returned by the Committee Do Pass `committee-passage`
- **2023-03-07T20:11:08+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3`
- **2023-03-07T20:11:13+00:00** Returned To the Senate as passed.
- **2023-03-07T21:53:15+00:00** Returned from the House as passed.
- **2023-03-07T21:53:23+00:00** ORDERED ENROLLED
- **2023-03-07T22:02:32+00:00** Reported correctly enrolled and ordered delivered to the Governor.
- **2023-03-07T22:02:34+00:00** DELIVERED TO GOVERNOR. `executive-receipt`
- **2023-03-14T18:25:56+00:00** Notification that SB205 is now Act 256 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/68e86283-b64f-47bb-9693-ef9ca29db63b`. Confidence: reported (aggregated from official Arkansas legislature records).