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AR HB1658

Bill

Status

Failed

5/1/2023

Primary Sponsor

Aaron Pilkington

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Requires the Director of the Arkansas Economic Development Commission to file an annual report by January 1 of each year detailing economic development funding supporting new businesses or businesses established within the previous five years.

  • The report must include the percentage of economic development funding (including community development block grants) supporting qualifying organizations or programs.

  • The report must include the total dollar amount of economic development funding (including community development block grants) supporting qualifying organizations or programs.

  • The annual report must be filed with the Governor, House Committee on Insurance and Commerce, and Senate Committee on Insurance and Commerce.

  • The first annual report is due by January 1, 2025.

Legislative Description

To Require A Report Concerning Economic Development Funding Supporting Organizations Or Programs For 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