SB388

Senate Bill 388 proposes the repeal of an existing Arkansas state law that requires the Arkansas Economic Development Commission (AEDC) to submit annual progress reports regarding its foreign offices. Currently, the commission is mandated to provide these reports to the Legislative Council, the Legislative Joint Auditing Committee, and the Governor. By repealing Arkansas Code § 15-4-210(c), the bill would eliminate this specific statutory obligation for reporting on foreign operations. The primary purpose of the legislation is to streamline the reporting requirements of the AEDC by removing the necessity for these annual updates. The bill does not establish new oversight mechanisms or replace the repealed section with alternative reporting mandates.