The bill aims to repeal the annual reporting requirement for the Arkansas Economic Development Commission regarding the progress of its foreign offices. Specifically, it removes the obligation for the commission to provide an annual report to the Legislative Council, the Legislative Joint Auditing Committee, and the Governor about the status of these foreign operations.

By eliminating this reporting requirement, the bill seeks to streamline the commission's operations and reduce administrative burdens. The repeal is intended to allow the Arkansas Economic Development Commission to focus more on its core functions without the necessity of regular progress updates on its foreign offices.

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