The bill proposes the repeal of the annual reporting requirement for the Arkansas Economic Development Commission regarding the progress of its foreign offices. Specifically, it seeks to eliminate the existing mandate that the commission report this progress annually to the Legislative Council, the Legislative Joint Auditing Committee, and the Governor.

By removing this requirement, the bill aims to streamline the reporting process for the commission, potentially reducing administrative burdens and allowing for more flexibility in managing foreign operations. The repeal is encapsulated in the deletion of the relevant section from the Arkansas Code.

Statutes affected:
SB 388: 15-4-210(c)
Act 447: 15-4-210(c)