Loading chat...
AR HB1876
Bill
Status
Introduced
3/2/2017
Primary Sponsor
Michael Gray
Click for details
AI Summary
- Adds Arkansas Code 15-4-221 establishing residency requirements for entities entering into financial incentive agreements with the state
- Defines "resident" as a person domiciled in Arkansas who maintains a permanent place of abode in the state and spends more than 6 months per year there
- Requires entities receiving state economic incentives to ensure that all employees and contractors used for the incentivized project are Arkansas residents when available and to the extent possible
- Authorizes the Arkansas Economic Development Commission to promulgate rules implementing this section
- Exempts financial incentive agreements entered into before the effective date of the act from these requirements
Legislative Description
To Require An Entity That Receives An Economic Incentive From The State To Employ Or Contract With Arkansas Residents In Completing The Project That Is Subject To The Financial Incentive Agreement.
Last Action
Died in the House at Sine Die
5/1/2017
Committee Referrals
Agriculture, Forestry and Economic Development3/6/2017
Full Bill Text
No bill text available