Ark. Code Ann. § 14-175-113

Average weekly wage — Job training expenditures

Known as the Public Corporations for Economic Development Act

The act spans §§ 14–14 (16 sections).

Acts 2005, No. 1372, § 3; 2009, No. 1271, § 3.

A corporation may spend tax revenue received under this chapter for job training offered through an enterprise only if the enterprise has committed in writing to:

(1) Create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or

(2) Retain jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.