Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas SB647: TO CREATE THE ECONOMIC DEVELOPMENT DISTRICT ACT OF 2025
Status: Failed, May 5, 2025
What the bill says
An act to be entitled an act to create the economic development district act of 2025; and for other purposes. subtitle to create the economic development district act of 2025.
From the introduced text:
An Act To Be Entitled AN ACT TO CREATE THE ECONOMIC DEVELOPMENT DISTRICT ACT OF 2025; AND FOR OTHER PURPOSES. Subtitle TO CREATE THE ECONOMIC DEVELOPMENT DISTRICT ACT OF 2025. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code Title 14 is amended to add an additional chapter to read as follows: CHAPTER ECONOMIC DEVELOPMENT DISTRICT ACT OF 2025 Subchapter 1 -- General Provisions 14-177-101. Title. This chapter shall be known and may be cited as the "Economic Development District Act of 2025". 14-177-102. Definitions. As used in this chapter: (1) "Alcoholic beverage sales tax" means the taxes levied under §§ 3-7-201 and 3-9-213; (2) "Available funds" means revenues, grant funds, and other moneys received by an economic development district *JLL259* 04/16/2025 9:25:56 AM JLL259 SB647 (B) The sales charge baseline; (C) Any reserved property charge; and (D) Any reserved sales charge; (3) "Cooperative area" means an area designed by one (1) or more municipalities, one (1) or more counties, or a combination of one (1) or more municipalities and one (1) or more counties operating under a written agreement in which the participating municipalities or participating counties, or both, agree to establish an economic development district by mutually adopting a formation charter; (4) "Economic development" means one (1) or more of the …
Sponsors
- Jonathan Dismang (R, 18) · primary sponsor
- Beaty Jr., Howard (R, 95)
Latest actions
- : Sine Die adjournment
- : Recommended for study in the Interim Committee on CITY, COUNTY & LOCAL AFFAIRS COMMITTEE - SENATE
- : Withdrawn from Committee and placed on calendar.
- : Read first time, rules suspended, read second time, referred to CITY, COUNTY & LOCAL AFFAIRS COMMITTEE - SENATE
- : Filed
Common questions
- What is SB647?
- SB647 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO CREATE THE ECONOMIC DEVELOPMENT DISTRICT ACT OF 2025.
- What does SB647 do?
- In its own words: An act to be entitled an act to create the economic development district act of 2025; and for other purposes. subtitle to create the economic development district act of 2025.
- What is the status of SB647?
- Failed as of May 5, 2025. Latest action: Sine Die adjournment (May 5, 2025).
- Who sponsored SB647?
- Jonathan Dismang (R, 18), with 1 co-sponsor.
- Where is the official record for SB647?
- On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=SB647
Source: official Arkansas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.