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68: 193ti LEGISLATI1E RES <br /> X003,'004 <br /> As Engrossed: 2/24/95 SB 420 <br /> 1 SECTION 2. All provisions of this act of a general and permanent nature <br /> 2 are amendatory to the Arkansas Code of 1987 Annotated and the Arkansas Code <br /> 3 Revision Commission shall incorporate the same is the Code. <br /> 4 <br /> 5 SECTION 3. If any provision of this act or the application thereof to <br /> 6 any person or circumstance is held invalid, such invalidity shall not affect <br /> 7 other provisions or applications of the act which can be given affect without <br /> 8 the invalid provision or application, and to this end the provisions of this <br /> 9 Act are declared to be severable. <br /> 10 <br /> 11 SECTION 4. All laws and parts of laws in conflict with this act are <br /> 12 hereby repealed. <br /> 13 <br /> 14 SECTION 5. It is hereby found and determined by the Ganeral Assembly <br /> 15 that SQme cities have police retirement plants which no longer accept new <br /> 16 members and which are overfunded] that the surplus revenues Should be put cc <br /> 17 beneficial use; that this act will establish the machanism for putting those <br /> 18 funds to beneficial use for the citizens of the city; and that chis act should <br /> 19 go into effect as soon as possible to provide desperately needed funds to the <br /> 20 municipalities affected hereby. Therefore, an emergency is1hereby declared to <br /> 21 exist and this act being necessary for the immediate preservation of the <br /> 22 public peace, health aztd Safecy shall be in full force and effect from and <br /> 23 after its passage and approval. <br /> 24 /a/Bell <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br /> 31 <br /> 32 <br /> 33 <br /> 34 <br /> 35 <br /> 36 <br /> 2 0203951033.mhfl98 <br />