§ 15-5-1408 - Annual report.

15-5-1408. Annual report.

The designated investor group shall publish an annual report within six (6) months after the close of its fiscal year, which shall:

(1) Include its annual audit of the activities conducted by the designated investor group;

(2) Be presented in writing, and by testimony if requested, to the:

(A) Governor;

(B) House Committee on Agriculture, Forestry, and Economic Development and the Senate Committee on Agriculture, Forestry, and Economic Development;

(C) Arkansas Development Finance Authority;

(3) Document and review the progress of the designated investor group in implementing its investment plan; and

(4) List any use, redemption, or transfer of tax credits allowed under this subchapter.