Skip to content

Arkansas Small Business Owners Applaud House’s Passage of HB 1204 to End Phantom Damages

Arkansas Small Business Owners Applaud House’s Passage of HB 1204 to End Phantom Damages

January 30, 2025

“Small business owners want our judicial system to remain fair for all Arkansans.”

LITTLE ROCK (Jan. 30, 2025) – Following the House’s passage of HB 1204, which would restore fairness and transparency in Arkansas’ judicial system, NFIB State Director Katie Burns applauded the measure and urged the Senate to swiftly approve it and send it to the Governor’s desk.

“Small businesses want our judicial system to remain fair for all Arkansans. Our Main Street business owners operate on infamously thin margins, and excessive tort costs, rising insurance premiums, and inflation all make it more difficult for them to keep their doors open and workers employed. Ensuring that plaintiffs only recoup the medical bills paid by an insurer is a commonsense solution that will promote greater fairness in Arkansas’ judicial system and put an end to phantom damages. We urge the Senate to swiftly approve this measure and send it to the Governor’s desk for signature.”

Background:

According to NFIB’s annual survey, more than 82% of Arkansas members who participated in the survey strongly support passing legislation to limit excessive lawsuit awards in personal injury cases.

A recent U.S. Chamber study shows that the average Arkansas household pays $2,942 in tort costs.

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

The United States Supreme Court
April 2, 2026
NFIB Challenges Courts in Small Business Cases
The NFIB Small Business Legal Center is involved in several important small business cases, including debit card processing fees, bans on gas-powered equipment…
Read More
April 1, 2026
NFIB Urges Lawmakers to Cap Lawsuit Costs Driving Up Insurance Rates
Limits on certain damages would reduce the need higher premiums.
Read More
April 1, 2026
NFIB Urges Court to Uphold Free Speech for Small Business Owners
NFIB Urges Court to Uphold Free Speech for Small Business Owners
Read More
March 31, 2026
What to Know About Recent Worker Classification Changes
The NFIB Small Business Legal Center’s blog explores recent worker classification changes that give employers more clarity on joint employer and independent co…
Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility