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AR HB1658
Bill
Status
5/1/2023
Primary Sponsor
Aaron Pilkington
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AI Summary
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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.
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The report must include the percentage of economic development funding (including community development block grants) supporting qualifying organizations or programs.
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The report must include the total dollar amount of economic development funding (including community development block grants) supporting qualifying organizations or programs.
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The annual report must be filed with the Governor, House Committee on Insurance and Commerce, and Senate Committee on Insurance and Commerce.
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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