{"data":{"id":"us-ar/ark.-code-ann.-11-10-1002","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 11-10-1002","heading":"Legislative findings and intent","body":"The General Assembly finds that: (1) With a recession or economic slowdown now underway, the state's unemployment trust fund faces higher claims levels and longer benefit durations that accompany any economic downturn; (2) The Arkansas Unemployment Trust Fund: (A) Provides partial wage replacement to workers who find themselves out of work; (B) Provides economic stability for a community when major unemployment occurs; and (C) Encourages workers to remain in the community and to be available for work recalls by employers; (3) The state is in debt to the federal government for unemployment funds paid to citizens of the State of Arkansas; and (4) The bonds should be payable from revenues raised by an unemployment obligation assessment. Acts 2011, No. 1125, § 1.\n\nThe General Assembly finds that:\n\n(1) With a recession or economic slowdown now underway, the state's unemployment trust fund faces higher claims levels and longer benefit durations that accompany any economic downturn;\n\n(2) The Arkansas Unemployment Trust Fund: (A) Provides partial wage replacement to workers who find themselves out of work; (B) Provides economic stability for a community when major unemployment occurs; and (C) Encourages workers to remain in the community and to be available for work recalls by employers;\n\n(A) Provides partial wage replacement to workers who find themselves out of work;\n\n(B) Provides economic stability for a community when major unemployment occurs; and\n\n(C) Encourages workers to remain in the community and to be available for work recalls by employers;\n\n(3) The state is in debt to the federal government for unemployment funds paid to citizens of the State of Arkansas; and\n\n(4) The bonds should be payable from revenues raised by an unemployment obligation assessment.","path":["AR Code","Title 11","Chapter 10","Subchapter 10"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"356b9097bb02ff1871db635a599437b1dc26206b051cfc4907c7597d6164e0e8","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-11-10-1001","next":"us-ar/ark.-code-ann.-11-10-1003"},"notice":"GroundRules: Original legal text. Not legal advice."}