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AR HB1657
Bill
Status
5/1/2023
Primary Sponsor
Aaron Pilkington
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AI Summary
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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
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Applies to funding allocated by workforce development boards across the state
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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
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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