Representative John Maddox

Judiciary Committee (House) — April 1, 2025 (22:52)

Representative Maddox, are you prepared to close for your bill? Yes, sir. Again, this is really just clarifying that your retirement accounts, your constituents' retirement accounts are exempt from creditors. That's all it really does, so I'd appreciate a good vote.

Judiciary Committee (House) — April 1, 2025 (22:01)

So right now our statute, it lists certain accounts, but then it also says or similar. So we're just making sure that your 401K, your HSA, things of that nature are not subject to execution by a creditor. We left the or similar plan as added layer of protection just to make certain, as a public policy, as you know, there are certain things we want you to be able to keep if you are sued and you lose a judgment. So that's all this bill does.

Judiciary Committee (House) — April 1, 2025 (21:31)

Are you prepared to run your bill? All right. You identify yourself, and you're recognized. Yes, Mr. Chairman, Representative John Maddox, District 86. So, members, this is really a very simple bill. It really just clarifies certain things. What it does is it makes certain that certain retirement accounts are exempt from execution from creditors.

House Management — April 2, 2025 (6:31)

Depot, other retailers supported this legislation to help identify organized retail crime groups. And Arkansas was the very first state to pass this informed legislation. Over a dozen states have followed our lead over the next few years, which prompted the United States Congress to pass a slightly different version in 2023. So with the passage of the Federal Informed Act, We are merely updating our Arkansas statute, which started the process to conform with the federal law. So that is all that this bill does. Be glad to take any questions.

House Management — April 2, 2025 (6:08)

for Walmart. Thank you, members. This is very brief. I'm going to give just a very quick overview, and Mr. Lindsey is here to answer any specific questions. So in 2021, we passed the INFORM Act, which placed requirements on Internet marketplaces like Amazon, Walmart, eBay, Etsy, Facebook, et cetera, to verify the identity of third-party sellers and post contact information for those sellers on any product listing. Walmart, Home

House Management — April 2, 2025 (5:53)

guest identify herself and you may proceed. Thank you, Mr. Chairman John Maddox, State Representative District 86.

Insurance & Commerce (House) — April 2, 2025 (1:26:36)

rerun, however. Thank you. Thank you. Appreciate your time, y'all. Members, is there anyone else who has any business with the committee today? Okay. Thank you. We are adjourned. Thank you.

Insurance & Commerce (House) — April 2, 2025 (1:26:11)

take any questions. Representative McClendon, thank you for your testimony. It appears that, unfortunately, we're not going to be able to take any further action on your bill today. My understanding from staff just was notified that it was actually on members' own today. Oh, ignore all that. It was just a preview for what's to

Insurance & Commerce (House) — April 2, 2025 (1:26:28)

I was going to say. That's just a preview for Monday. You're welcome to come back. I apologize for that. No worries. It will be a

Insurance & Commerce (House) — April 2, 2025 (1:23:50)

you would go to the end of the table, introduce yourself, and you may proceed with, is that

Insurance & Commerce (House) — April 2, 2025 (1:23:42)

Thank you, committee. Thank you, Mr. Chair. Thank you, Representative Stimmel. Representative McElhinden has made it back, so you are, if

Insurance & Commerce (House) — April 2, 2025 (1:23:34)

we have a motion do pass by Representative Dalby. All in favor, say aye. Aye. Any opposed, say no. Congratulations, you have passed your bill.

Insurance & Commerce (House) — April 2, 2025 (1:23:19)

Seeing no, is there anyone who would like to speak against this bill? Is there anyone out there who

Insurance & Commerce (House) — April 2, 2025 (1:21:57)

against this bill? Anyone else speak for this bill? You're recognized or close? Close from our bill.

Insurance & Commerce (House) — April 2, 2025 (1:21:47)

pay these people? Yes. Okay. All right. Thank you. You're welcome. Any other questions? No other questions from the committee? Okay, is there anyone in the audience who would like to speak

Insurance & Commerce (House) — April 2, 2025 (1:20:51)

Thank you, Representative Leiteman. Any other questions from the committee? Representative Blundstrom? Yeah. You

Insurance & Commerce (House) — April 2, 2025 (1:19:28)

Questions? Representative Lundstrom, you're organized. What's the financial impact? We

Insurance & Commerce (House) — April 2, 2025 (1:17:53)

Okay. Seeing none, does anyone like to speak against this bill? Anyone else speak for this bill? Be recognized to close. Close for the bill. Make a motion to do pass. We have a motion to

Insurance & Commerce (House) — April 2, 2025 (1:17:01)

up. Is there anyone who'd like to speak against this bill? Anyone else who'd like to speak for this bill? You're recognized to close for your bill. I'll close for my bill. Make a motion to do pass. Motion to pass by President Johnson. All in favor say aye. Any opposed say no.

Insurance & Commerce (House) — April 2, 2025 (1:16:06)

Representative Johnson we know we always