Loading chat...
AR SB288
Bill
Status
3/16/2017
Primary Sponsor
Jim Hendren
Click for details
AI Summary
-
Creates the Workforce Development Center Authority Act (Arkansas Code § 6-50-801 et seq.) to establish public educational institutions providing vocational and technical education
-
Requires a minimum of four sponsors including at least one school district and one vocational-technical school, with optional participation from cities or counties; sponsors must approve participation by ordinance or resolution
-
Establishes a board of directors with mandatory membership from superintendents and vocational-technical school leaders, plus optional members from counties, cities, and appointed school district representatives
-
Authorizes workforce development center authorities to issue bonds, borrow money, acquire and operate facilities, and receive funding through grants, tuition, donations, and local tax revenue (including sales tax up to 0.5% and property tax)
-
Exempts workforce development center authorities from property taxation and income taxation; bonds issued are tax-exempt; authorities receive governmental immunity from tort liability
Legislative Description
To Create The Workforce Development Center Authority Act.
Last Action
Notification that SB288 is now Act 509
3/16/2017