Arkansas SB202: TO AMEND THE LAW CONCERNING STATUTORY BONDING REQUIREMENTS FOR CONSTRUCTION PROJECTS OF THE STATE HIGHWAY COMMISSION

What the bill says

An act to be entitled an act to amend the law concerning statutory bonding requirements for construction projects of the state highway commission; and for other purposes. subtitle to amend the law concerning statutory bonding requirements for construction projects of the state highway commission.

From the introduced text:

An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING STATUTORY BONDING REQUIREMENTS FOR CONSTRUCTION PROJECTS OF THE STATE HIGHWAY COMMISSION; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE LAW CONCERNING STATUTORY BONDING REQUIREMENTS FOR CONSTRUCTION PROJECTS OF THE STATE HIGHWAY COMMISSION. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 27-67-206(f) and (g), concerning new construction projects of the State Highway Commission, are amended to read as follows: (f) Successful bidders shall be required to furnish a surety bond or bonds by a surety company to be approved by the commission, in a penal sum of at least one-fourth (1⁄4) of the amount of the contract price, conditioned as the commission may require to ensure that each contract between a bidder and the commission is fully executed and completed and that the bond or bonds fully cover the exposure of the state. (g) However, the commission may accept personal bonds, but in every case in which a personal bond is accepted, the contractor shall be required to deposit United States Government bonds, state highway bonds or notes, or valid bonds of any road improvement district referred to in Acts 1929, No. 65, § 19 [repealed], in an amount equal to twenty-five percent (25%) of the amount of the contract …

Read the full official text

Sponsors

• Hickey Jr, Jimmy (R, 4) · primary sponsor
• Beaty Jr., Howard (R, 95)

Latest actions

1. February 27, 2025: Notification that SB202 is now Act 217
2. February 26, 2025: DELIVERED TO GOVERNOR.
3. February 26, 2025: Reported correctly enrolled and ordered delivered to the Governor.
4. February 26, 2025: ORDERED ENROLLED
5. February 26, 2025: Returned from the House as passed.
6. February 26, 2025: Returned to the Senate as passed.
7. February 26, 2025: Read the third time and passed and ordered transmitted to the Senate.
8. February 25, 2025: Returned by the Committee Do Pass
9. February 18, 2025: Read the first time, rules suspended, read the second time and referred to the Committee on PUBLIC TRANSPORTATION- HOUSE
10. February 18, 2025: RECEIVED FROM THE SENATE

Votes

• Senate Roll Call #689 (March 31, 2025): 28 yea, 4 nay, passed
• Senate Roll Call #563 (March 17, 2025): 21 yea, 12 nay, passed
• House Roll Call #361 (February 26, 2025): 93 yea, 0 nay, passed
• Senate Roll Call #256 (February 18, 2025): 31 yea, 0 nay, passed

Common questions

What is SB202?

SB202 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO AMEND THE LAW CONCERNING STATUTORY BONDING REQUIREMENTS FOR CONSTRUCTION PROJECTS OF THE STATE HIGHWAY COMMISSION.

What does SB202 do?

In its own words: An act to be entitled an act to amend the law concerning statutory bonding requirements for construction projects of the state highway commission; and for other purposes. subtitle to amend the law concerning statutory bonding requirements for construction projects of the state highway commission.

What is the status of SB202?

Chaptered as of February 27, 2025. Latest action: Notification that SB202 is now Act 217 (February 27, 2025).

Who sponsored SB202?

Hickey Jr, Jimmy (R, 4), with 1 co-sponsor.

Where is the official record for SB202?

On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=SB202