Loading chat...

AR HB1656

Bill

Official Source

Status

Failed

5/1/2023

Primary Sponsor

Aaron Pilkington

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Creates new reporting requirement under Arkansas Code Title 25, Chapter 43, Subchapter 3 for the Secretary of the Department of Commerce to file annual reports by January 1 each year.

  • Reports must include the percentage of workforce development funding allocated by state workforce development boards that support organizations or programs for individuals starting new businesses or serving businesses established within the previous five years.

  • Reports must include the total dollar amount of workforce development funding supporting these same organizations and programs.

  • Annual reports shall be filed with the Governor, House Committee on Insurance and Commerce, and Senate Committee on Insurance and Commerce.

  • First annual report is due by January 1, 2025.

Legislative Description

To Require A Report Concerning Funds Supporting Programs For Individuals Starting New Businesses Or Businesses Established Within The Previous Five Years.

Last Action

Died on Senate Calendar at Sine Die adjournment.

5/1/2023

Committee Referrals

Insurance & Commerce3/31/2023
Agriculture, Forestry and Economic Development3/16/2023

Full Bill Text

No bill text available