HB1361
To Make Technical Corrections To Title 23 Of The Arkansas Code Concerning Public Utilities And Regulated Industries.
AI-Generated Summary
This bill proposes to make technical corrections to various sections of Title 23 of the Arkansas Code, which pertains to public utilities and regulated industries. The changes primarily involve correcting grammatical errors, clarifying references, and rectifying designation errors within existing statutes. One section reenacts a provision concerning contracts for interruptible utility services to correct "Specify" to "Shall specify" for grammatical accuracy. Another section amends the Uniform Money Services Act to clarify refund procedures and permissible investments by adjusting phrasing and subdivision designations. Furthermore, the bill repeals obsolete language within the Arkansas Insurance Code related to the jurisdiction of the State Insurance Department and definitions within the Arkansas Health Insurance Marketplace Act. Crucially, it repeals an entire subchapter concerning the Comprehensive Health Insurance Pool, as this program expired in 2016. The overall aim is to ensure the statutes accurately reflect legislative intent and are grammatically sound.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries of this bill are the Arkansas Code Revision Commission and state agencies responsible for the administration and enforcement of the identified statutes. By correcting grammatical errors, clarifying language, and removing expired provisions, the bill enhances the accuracy and usability of the Arkansas Code for these entities. This could lead to more efficient legal interpretation and application. Consumers and businesses regulated under Title 23 may also indirectly benefit from clearer and more accurate legal frameworks, potentially reducing ambiguity in their interactions with regulated industries and financial services.
Who Might Suffer?
There are no groups or entities that would be directly and negatively impacted by this bill. The bill's purpose is to make technical corrections and repeal an expired program. The repeal of the Comprehensive Health Insurance Pool Act, while removing a defunct program, does not negatively impact any entities as the program itself is no longer operational. The other changes are grammatical or clarifying in nature, intended to improve the accuracy of existing law rather than alter its substance in a way that would create a negative impact on any specific party.