{"data":{"id":"us-ar/ark.-code-ann.-15-4-1904","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-4-1904","heading":"Qualifications","body":"To qualify for the benefits of this subchapter, the business must:\n\n(1) Be an eligible business as defined in § 15-4-1902 ;\n\n(2) Hire at least one hundred (100) net new full-time permanent employees within twenty-four (24) months of the date the financial incentive plan was signed by the Arkansas Economic Development Commission and the business;\n\n(3) Expend at least five million dollars ($5,000,000) on the project covered by the financial incentive plan;\n\n(4) Agree to certify to the Department of Finance and Administration the number of net new full-time permanent employees and the average hourly wage of the net new full-time permanent employees once the number of net new full-time permanent employees reaches one hundred (100); and\n\n(5) Agree to certify to the department within thirty (30) days after the number of net new full-time permanent employees falls below one hundred (100) or the average hourly wage falls below the amount specified in the financial incentive plan.","path":["AR Code","Title 15","Chapter 4","Subchapter 19"],"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":"e890daff440bfec0cdfcc7acebb4723b4edee4348171d6bc452de334e711682a","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-4-1903","next":"us-ar/ark.-code-ann.-15-4-1905"},"notice":"GroundRules: Original legal text. Not legal advice."}