Bill Summary – FastDemocracy

Stricken language would be deleted from and underlined language would be added to present law.
 1   State of Arkansas
 2   93rd General Assembly                        A Bill
 3   Regular Session, 2021                                                             SENATE BILL 252
 4
 5   By: Senator T. Garner
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 7                                     For An Act To Be Entitled
 8                  AN ACT TO REGULATE THE LOCATION OF OFFICES
 9                  ESTABLISHED OR MAINTAINED BY THE ARKANSAS ECONOMIC
10                  DEVELOPMENT COMMISSION; TO PROHIBIT THE ARKANSAS
11                  ECONOMIC DEVELOPMENT COMMISSION FROM ESTABLISHING OR
12                  MAINTAINING AN OFFICE IN CHINA; AND FOR OTHER
13                  PURPOSES.
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16                                                 Subtitle
17                           TO PROHIBIT THE ARKANSAS ECONOMIC
18                           DEVELOPMENT COMMISSION FROM ESTABLISHING
19                           OR MAINTAINING AN OFFICE IN CHINA.
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22   BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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24          SECTION 1.       Arkansas Code  15-4-209(b)(3), concerning the powers given
25   to the Arkansas Economic Development Commission, is amended to read as
26   follows:
27                  (3)(A)     Establish Except as provided in subdivision (b)(3)(B) of
28   this section, establish and maintain international offices, as approved by
29   the Arkansas Economic Development Council, to assist with the export of
30   Arkansas-produced goods and services as well as foreign direct investment,
31   either through the use of contractual employees or by other means;.
32                           (B)   The commission shall not establish or maintain an
33   office in China;
34
35          SECTION 2.       Arkansas Code  15-4-210(b), concerning the foreign
36   operations of the Arkansas Economic Development Commission, is amended to
     *RWO013*                                                                   2/1/2021 9:02:08 AM RWO013
                                                                                   SB252
 1   read as follows:
 2            (b)(1)     The Except as provided in subdivision (b)(2) of this section,
 3   the commission may establish an Arkansas operation in any country approved by
 4   the Governor and the Arkansas Economic Development Council.
 5                     (2)   The commission shall not establish or maintain an office in
 6   China.
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 8            SECTION 3.     DO NOT CODIFY. Closure of existing offices.
 9            If the Arkansas Economic Development Commission has already established
10   or maintains an office in China as of the effective date of this act, the
11   commission shall close and vacate the office immediately upon the effective
12   date of this act.
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Statutes affected: 
SB 252: 15-4-209(b), 15-4-210(b)