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AR HB1782
Bill
Status
4/25/2021
Primary Sponsor
Rick Beck
Click for details
AI Summary
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Renames the "Future Transportation Research Fund" to the "Future Transportation Research and Workforce Development Fund" and expands its purpose to include workforce development grants in addition to research grants
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Establishes funding for the renamed fund from interest income received under § 27-70-204, up to a maximum of $500,000 each year from the State Highway and Transportation Department Fund
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Adds "workforce development" as a defined term meaning industry training, apprenticeship, and educational programs that foster skills required for transportation-related personnel development
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Expands the Transportation-Related Research and Workforce Development Grant Program to allow publicly funded institutions of higher education to apply for grants for either transportation-related research or workforce development projects
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Requires the Arkansas Department of Transportation and State Highway Commission to promulgate rules governing the grant program, including application processes, fund disbursement, and eligibility criteria
Legislative Description
To Amend The Law Concerning The Distribution Of Highway Revenue Interest Income; And To Amend The Law Concerning The Future Transportation Research Fund And The Transportation-related Grant Program.
Last Action
Notification that HB1782 is now Act 884
4/25/2021