{"data":{"id":"us-ar/ark.-code-ann.-6-50-703","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 6-50-703","heading":"Arkansas Existing Workforce Training Program - Creation - Purpose","body":"(a) There is created the Arkansas Existing Workforce Training Program, to be administered by a governing council composed of equal representation from the Division of Higher Education, the Office of Skills Development, and the Arkansas Economic Development Commission. (b) The primary purpose of the program shall be to provide financial assistance to Arkansas business and industry for upgrading the knowledge and skills of the existing workforce or a potential new workforce and to increase the capacity of state-supported educational institutions to supply the ongoing training needs of Arkansas companies. (c) (1) (A) When an eligible company uses a state-supported educational institution to provide its classroom training, financial support can be either in the form of a direct grant or in the form of an income tax credit. (B) Companies that elect to receive a grant cannot claim a tax credit for the same purpose. (2) When an eligible company is conducting internal training using company trainers or consultants, financial support can be only in the form of an income tax credit. (3) When an eligible consortium uses a state-supported educational institution to provide its classroom training, financial support can be only in the form of a grant. Amended by Act 2021, No. 647,§ 2, eff. 7/28/2021. Amended by Act 2021, No. 545,§ 9, eff. 7/28/2021. Amended by Act 2021, No. 467,§ 4, eff. 7/28/2021. Amended by Act 2019, No. 910,§ 1857, eff. 7/1/2019. Acts 1995, No. 791, § 3; 1997, No. 540, § 8; 1999, No. 1134, § 2; 2007, No. 1003, §§ 2, 4.\n\n(a) There is created the Arkansas Existing Workforce Training Program, to be administered by a governing council composed of equal representation from the Division of Higher Education, the Office of Skills Development, and the Arkansas Economic Development Commission.\n\n(b) The primary purpose of the program shall be to provide financial assistance to Arkansas business and industry for upgrading the knowledge and skills of the existing workforce or a potential new workforce and to increase the capacity of state-supported educational institutions to supply the ongoing training needs of Arkansas companies.\n\n(c) (1) (A) When an eligible company uses a state-supported educational institution to provide its classroom training, financial support can be either in the form of a direct grant or in the form of an income tax credit. (B) Companies that elect to receive a grant cannot claim a tax credit for the same purpose. (2) When an eligible company is conducting internal training using company trainers or consultants, financial support can be only in the form of an income tax credit. (3) When an eligible consortium uses a state-supported educational institution to provide its classroom training, financial support can be only in the form of a grant.\n\n(1) (A) When an eligible company uses a state-supported educational institution to provide its classroom training, financial support can be either in the form of a direct grant or in the form of an income tax credit. (B) Companies that elect to receive a grant cannot claim a tax credit for the same purpose.\n\n(A) When an eligible company uses a state-supported educational institution to provide its classroom training, financial support can be either in the form of a direct grant or in the form of an income tax credit.\n\n(B) Companies that elect to receive a grant cannot claim a tax credit for the same purpose.\n\n(2) When an eligible company is conducting internal training using company trainers or consultants, financial support can be only in the form of an income tax credit.\non to provide its classroom training, financial support can be either in the form of a direct grant or in the form of an income tax credit.\n\n(B) Companies that elect to receive a grant cannot claim a tax credit for the same purpose.\n\n(2) When an eligible company is conducting internal training using company trainers or consultants, financial support can be only in the form of an income tax credit.\n\n(3) When an eligible consortium uses a state-supported educational institution to provide its classroom training, financial support can be only in the form of a grant.","path":["AR Code","Title 6","Chapter 50","Subchapter 7"],"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 2026-09-17","retrieved_at":"2026-09-17T21:35:43Z","sha256":"568de7d74bc0e4f4b64e4c8b0fd6ab74095ecb4d2e28244d55ec777746928ed1","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-6-50-702","next":"us-ar/ark.-code-ann.-6-50-704","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ar","title":"Arkansas Release 78 supplement","text":"Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ar.code"}]},"notice":"GroundRules: Original legal text. Not legal advice."}