Average weekly wage — Job training expenditures

  1. Law
  2. Arkansas Code
  3. Local Government
  4. Economic Development And Tourism Generally
  5. Public Corporations for Economic Development Act
  6. Average weekly wage — Job training expenditures

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A corporation may spend tax revenue received under this chapter for job training offered through an enterprise only if the enterprise has committed in writing to:

  1. (1) Create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or

  2. (2) Retain jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.


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