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AR HB1984
Bill
Status
Passed
4/17/2019
Primary Sponsor
Mark Perry
Click for details
AI Summary
- Amends Arkansas Constitution Article 12, § 5(c)(1) to add sports complexes as a qualifying economic development project category
- Amends Arkansas Constitution Amendment 62, § 2(d)(1) with the same sports complex addition to the economic development projects definition
- Adds sports complexes designed to host local, state, regional, and national competitions (including baseball, softball, and other tournaments) to the definition of "economic development projects" in Arkansas Code § 14-164-303(7), § 14-174-105(a)(1), and § 14-176-102(3)
- Sports complexes are now eligible for economic development incentives and financing under the Local Government Bond Act of 1985, the Economic Development Act of 2003, and the Local Job Creation, Job Expansion, and Economic Development Act of 2017
- Bill approved April 16, 2019
Legislative Description
To Amend The Arkansas Constitution And The Arkansas Code Concerning Certain Economic Development Projects.
Last Action
Notification that HB1984 is now Act 1072
4/17/2019
Committee Referrals
Agriculture, Forestry and Economic Development4/8/2019
Agriculture, Forestry and Economic Development4/3/2019
Full Bill Text
No bill text available