Authorization for obtaining and appropriating money
Known as the Local Job Creation, Job Expansion, and Economic Development Act
The act spans §§ 14–14 (13 sections).
Acts 2017, No. 685, § 1.
(1) A municipality or county may obtain or appropriate money for a corporation, association, institution, political subdivision of the state, the United States Government, or an individual to: Finance economic development projects; or
(2) Provide economic development services.
(3) Funds appropriated by a municipality or county under the authority of this section shall be deemed to further the public purpose of economic development.
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.