Arkansas § 15-5-1408 Annual report

Arkansas Statutes

§ 15-5-1408 — Annual report

The designated investor group shall publish an annual report within six (6) months after the close of its fiscal year, which shall:

(1)Include its annual audit of the activities conducted by the designated investor group;

(2)Be presented in writing, and by testimony if requested, to the:

(A)Governor;

(B)House Committee on Agriculture, Forestry, and Economic Development and the Senate Committee on Agriculture, Forestry, and Economic Development; and (C) Arkansas Development Finance Authority;

(3)Document and review the progress of the designated investor group in implementing its investment plan; and (4) List any use, redemption, or transfer of tax credits allowed under this subchapter.

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The designated investor group shall publish an annual report within six (6) months after the close of its fiscal year, which shall: (1) Include its annual audit of the activities conducted by the designated investor group; (2) Be presented in writing, and by testimony if requested, to the: (A) Governor; (B) House Committee on Agriculture, Forestry, and Economic Development and the Senate Committee on Agriculture, Forestry, and Economic Development; and (C) Arkansas Development Finance Authority; (3) Document and review the progress of the designated investor group in implementing its investment plan; and (4) List any use, redemption, or transfer of tax credits allowed under this subchapter.

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