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AR HB2160
Bill
Status
Passed
4/5/2011
Primary Sponsor
Mark Biviano
Click for details
AI Summary
- Amends Arkansas Code § 15-4-2703(25)(A)(i) to modify the definition of "new full-time permanent employee" for business incentive purposes
- Allows employees who work at home to be counted as new full-time permanent employees if they otherwise meet the definition requirements
- Requires home-based employees to meet an average wage threshold equal to or greater than the state average hourly wage for the preceding calendar year
- Maintains existing requirements that qualifying employees must be Arkansas taxpayers and residents during the year tax credits or incentives were earned
- Preserves the requirement that employees cannot be existing employees, except as allowed under subdivision (12) of the statute
Legislative Description
To Amend The Definition Of "new Full-time Permanent Employee" To Include Employees Who Work At Home, As That Definition Applies To Business Incentives.
Last Action
House Notification that HB2160 is now Act 1197
4/5/2011
Committee Referrals
Public Health, Welfare And Labor3/21/2011
Public Health, Welfare and Labor3/7/2011
Full Bill Text
No bill text available