Loading chat...
AR HB1767
Bill
Status
Passed
4/3/2017
Primary Sponsor
Clarke Tucker
Click for details
AI Summary
- Creates the "Entrepreneur Fee Waiver Pilot Program" to be developed and administered by the Arkansas Development Finance Authority
- Waives state filing fees, state permit fees, and state licensing fees for individuals starting small businesses who meet eligibility criteria established by the authority
- Limits total waivers to $500,000 per fiscal year
- Requires entrepreneurs to apply to the authority before forming their small business using the authority's prescribed form
- Directs the Arkansas Development Finance Authority to report by February 15, 2019 on program effectiveness, including number of businesses formed, employees hired, economic impact, and a recommendation on whether to continue the program beyond June 30, 2019
Legislative Description
To Establish A Fee Waiver Program For Entrepreneurs.
Last Action
Notification that HB1767 is now Act 857
4/3/2017
Committee Referrals
Insurance & Commerce3/21/2017
Agriculture, Forestry and Economic Development3/1/2017
Full Bill Text
No bill text available