Arkansas Lobbyists Prohibited from Giving Loans to Constitutional Officers - State and Federal Communications

April 28, 2017  •  

Arkansas Lobbyists Prohibited from Giving Loans to Constitutional Officers

Arkansas State CapitolEffective July 30, 2017, Arkansas constitutional officers are prohibited from soliciting or accepting loans from lobbyists.

Senate Bill 7, now known as Act 1108, amends the definition of gift to include any advance or loan. The bill excludes an advance or loan made in the ordinary course of business by a financial institution or business regularly extending credit.

Bills signed during the regular session are effective 90 days after the final, official day of session, unless otherwise specified. The 91st General Assembly is set to adjourn sine die on May 1, 2017.

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