Arkansas Administrative Code Agency 236 - ARKANSAS STATE TREASURER
Here’s an enhanced overview of Agency 236 – Arkansas State Treasurer under the Arkansas Administrative Code (latest effective date January 1, 2025):
📘 Divisions & Key Rules
▪ Division 01 — Arkansas Achieving a Better Life Experience (ABLE) Program
Rule 236.01.20‑001 governs administration of ABLE accounts, which allow individuals with disabilities to save without jeopardizing eligibility for public benefits. This includes eligibility criteria, contributions, withdrawals, and beneficiary rules. (regulations.justia.com)
▪ Division 02 — 529 Program & Financial Education/Section 529 Plan Review Committee
Rule 236.02.22‑001: Establishes the Arkansas Tax‑Deferred Tuition Savings Program (529 plan), overseeing account types, investment options, and tax benefits.
Rule 236.02.22‑002: Constitutes the 529 Plan Review Committee, outlining its role in oversight, education, and enforcement. (law.cornell.edu)
🏛️ Role of the Treasurer’s Office (Agency Context)
The State Treasurer, currently John Thurston (since January 1, 2025), serves as Arkansas's “head banker,” managing state cash flows, investments, and state-issued warrants (en.wikipedia.org).
Within the Administrative Code, the Treasurer’s authority focuses specifically on:
Administering ABLE accounts.
Operating the 529 tuition-savings program.
Establishing financial education initiatives.
Facilitating oversight through the 529 Plan Review Committee.
✔️ Summary Table
| Division | Rule(s) | Program |
|---|---|---|
| 01 | 236.01.20‑001 | ABLE savings (for disabled account holders) |
| 02 | 236.02.22‑001, ‑002 | 529 education savings & oversight |
🧭 What You Can Do Next
Would you like help with:
Downloading the latest full rule text PDF for ABLE or the 529 program?
Understanding eligibility, contribution limits, or tax implications?
Locating official rule notices or recent updates via the Secretary of State’s system?
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