The General Assembly finds that: (1) A special motorcycle event sponsored by a city, county, nonprofit entity, or motorcycle owners’ organization draws people from all over the state, other states, and even other countries; (2) A special motorcycle event can provide a valuable increase in tourism for the state; and (3) The laws and rules […]
As used in this subchapter: (1) “Motorcycle owners’ organization” means an entity that is organized as a nonprofit entity or for-profit entity and in good standing with the Secretary of State; (2) “Nonprofit entity” means an entity that has received tax-exempt status from the Internal Revenue Service pursuant to section 501(c)(3) or section (501)(c)(4) of […]
A statement of the estimated positive economic impact of a proposed special motorcycle event shall be submitted to the Arkansas Motor Vehicle Commission from an independent source such as a university, chamber of commerce, or other entity that regularly engages in the estimation of the economic benefit of an occurrence for businesses and industries.
(a) If the statement of estimated positive economic impact that is submitted to the Arkansas Motor Vehicle Commission establishes that a special motorcycle event has a significant positive economic impact, the special motorcycle event is exempt from regulation by the commission as provided under § 23-112-805. (b) If the statement of estimated positive economic impact […]
(a) The Arkansas Motor Vehicle Commission shall waive the following for a special motorcycle event that has a significant positive economic impact or is determined by the commission to otherwise qualify for an exemption under § 23-112-804(b) if no franchised motor vehicle dealer of a licensed manufacturer is represented in the host county of the […]
(a) A special motorcycle event that has been ongoing for five (5) years or more before July 31, 2007, and has had a significant positive economic impact in the past shall be: (1) Considered an established and ongoing special motorcycle event; and (2) Eligible to a presumption of a significant positive economic impact by the […]
