Arkansas Statutes

§ 15-3-403 — Eligibility for grants

Arkansas·Title 15

To qualify for a grant authorized under § 15-3-404 , a business shall:

(1)Have operations within the State of Arkansas that are in one (1) of the six (6) categories of targeted businesses identified in § 15-4-2703(43)(A) ;
(2)Pay average hourly wages in excess of one hundred ten percent (110%) of the county or state average hourly wage, whichever is less;
(3)Agree to hire a postdoctoral graduate; and (4) Provide proof that the postdoctoral graduate is an Arkansas taxpayer and a resident of the State of Arkansas.

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Legislative History

Acts 2009, No. 463, § 1.

Nearby Sections

15
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