Loading chat...

AR HB1657

Bill

Status

Failed

5/1/2023

Primary Sponsor

Aaron Pilkington

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Adds Arkansas Code section 25-43-306 requiring the Department of Commerce to encourage that at least 5% of workforce development funding go towards supporting new businesses or businesses established within the previous five years

  • Applies to funding allocated by workforce development boards across the state

  • Covers organizations or programs serving individuals starting new businesses in Arkansas or providing services to businesses less than five years old with principal place of business in the state

  • Effective January 1, 2025

Legislative Description

To Encourage The Award Of Workforce Development Funding To New Businesses And Businesses That Have Been In Operation For Less Than 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