Ark. Code Ann. § 15-3-502
This is the official text of Ark. Code Ann. § 15-3-502, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Legislative intent
Official statutory text
(a) The General Assembly finds that in October 2008 the Arkansas Task Force for the 21st Century Economy found and recommended that: (1) Education, research and development, entrepreneurship, risk capital, existing business innovation, and cyberinfrastructure are the most critical roles to Arkansas's success in the twenty-first century global economy; (2) Twenty-six (26) programs, initiatives, and constitutional issues be given priority consideration as being key to competitiveness and contributing to economic development in the twenty-first century global economy; (3) Resources should be dedicated to further study the structure and effectiveness of the state's economic development organizations because economic development is ever changing and the continuing review will provide information about twenty-first century demands on the organizations; and (4) Arkansas should create a dedicated revenue stream for funding twenty-first century business development. (b) The General Assembly further finds that Arkansas: (1) Needs an approach to an economy supported by knowledge-based jobs; and (2) Lacks a recurring and predictable funding formula for economic development. Amended by Act 2017, No. 167,§ 1, eff. 8/1/2017. Acts 2011, No. 706, § 1.
(a) The General Assembly finds that in October 2008 the Arkansas Task Force for the 21st Century Economy found and recommended that: (1) Education, research and development, entrepreneurship, risk capital, existing business innovation, and cyberinfrastructure are the most critical roles to Arkansas's success in the twenty-first century global economy; (2) Twenty-six (26) programs, initiatives, and constitutional issues be given priority consideration as being key to competitiveness and contributing to economic development in the twenty-first century global economy; (3) Resources should be dedicated to further study the structure and effectiveness of the state's economic development organizations because economic development is ever changing and the continuing review will provide information about twenty-first century demands on the organizations; and (4) Arkansas should create a dedicated revenue stream for funding twenty-first century business development.
(1) Education, research and development, entrepreneurship, risk capital, existing business innovation, and cyberinfrastructure are the most critical roles to Arkansas's success in the twenty-first century global economy;
(2) Twenty-six (26) programs, initiatives, and constitutional issues be given priority consideration as being key to competitiveness and contributing to economic development in the twenty-first century global economy;
(3) Resources should be dedicated to further study the structure and effectiveness of the state's economic development organizations because economic development is ever changing and the continuing review will provide information about twenty-first century demands on the organizations; and
(4) Arkansas should create a dedicated revenue stream for funding twenty-first century business development.
(b) The General Assembly further finds that Arkansas: (1) Needs an approach to an economy supported by knowledge-based jobs; and (2) Lacks a recurring and predictable funding formula for economic development.
(1) Needs an approach to an economy supported by knowledge-based jobs; and
(2) Lacks a recurring and predictable funding formula for economic development.
Amended by Act 2017, No. 167,§ 1, eff. 8/1/2017.
Acts 2011, No. 706, § 1.
(a) The General Assembly finds that in October 2008 the Arkansas Task Force for the 21st Century Economy found and recommended that: (1) Education, research and development, entrepreneurship, risk capital, existing business innovation, and cyberinfrastructure are the most critical roles to Arkansas's success in the twenty-first century global economy; (2) Twenty-six (26) programs, initiatives, and constitutional issues be given priority consideration as being key to competitiveness and contributing to economic development in the twenty-first century global economy; (3) Resources should be dedicated to further study the structure and effectiveness of the state's economic development organizations because economic development is ever changing and the continuing review will provide information about twenty-first century demands on the organizations; and (4) Arkansas should create a dedicated revenue stream for funding twenty-first century business development.
(1) Education, research and development, entrepreneurship, risk capital, existing business innovation, and cyberinfrastructure are the most critical roles to Arkansas's success in the twenty-first century global economy;
(2) Twenty-six (26) programs, initiatives, and constitutional issues be given priority consideration as being key to competitiveness and contributing to economic development in the twenty-first century global economy;
(3) Resources should be dedicated to further study the structure and effectiveness of the state's economic development organizations because economic development is ever changing and the continuing review will provide information about twenty-first century demands on the organizations; and
(4) Arkansas should create a dedicated revenue stream for funding twenty-first century business development.
(b) The General Assembly further finds that Arkansas: (1) Needs an approach to an economy supported by knowledge-based jobs; and (2) Lacks a recurring and predictable funding formula for economic development.
(1) Needs an approach to an economy supported by knowledge-based jobs; and
(2) Lacks a recurring and predictable funding formula for economic development.
Amended by Act 2017, No. 167,§ 1, eff. 8/1/2017.
Acts 2011, No. 706, § 1.
Status: in_force
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