Knowledge is Power: Corporate Welfare Payouts

Corporate Welfare is alive and well in Arkansas. "Incentive packages" from the state, county, and local level are reaching historic numbers. Generally, corporate welfare is the giving of taxpayer money to private companies or not requiring businesses to pay their full share of taxes owed.

Corporate Welfare does not work. It distorts the economy, and puts current Arkansas businesses that do pay their full share of taxes at a competitive disadvantage to companies who are being subsidized by the taxpayers. In effect, the Arkansas small businesses are having their tax dollars work against them.

This quiz will highlight some of the payments of the Governor's Quick Action Closing Fund. This is a state corporate welfare program that provides lump sum payments of tax dollars to private companies for various projects.

Source: Arkansas Economic Development Commission - EOY Quick Action Closing Fund Reports

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* 1. How much money did FMH Conveyors LLC in Jonesboro receive for "infrastructure and equipment" from Governor Asa Hutchinson's Quick Action Closing Fund?

$25,000

$200,000

$1,000,000

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* 2. What was the purpose of the $275,000 that Ben E. Keith Foods in North Little Rock received from Governor Asa hutchinson's Quick Action Closing Fund?

"parking lot paving"

"training"

"energy efficiency improvements

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* 3. Which company in Fort Smith received $2 million from the Governor Asa Hutchinson's Quick Action Closing Fund for "site preparation and construction"?

FFH Construction

Central Business Improvement District of Fort Smith

ArcBest Corporation

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* 4. How much money did Mortuus Pater Pictures receive for "film production" from Governor Asa Hutchinson's Quick Action Closing Fund?

$10,000

$57,000

$144,000

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* 5. Which companies have received over $2 million in Governor Asa Hutchinson's Quick Action Closing Fund?

Glatfelter Advanced Materials (Fort Smith)

Big River Steel (Osceola Area)

Remington Arms Company, Inc. (Lonoke)

All the Above

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* 6. How much money has been spent in total from the Governor's Quick Action Closing Fund since its inception in 2007?

$42 million

$97 million

$176 million

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* 7. How much money did the American Taekwondo Association receive from Governor Asa Hutchinson's Quick Action Closing Fund for a new headquarters in Little Rock?

$25,000

$250,000

$950,000

Knowledge is Power: Corporate Welfare Payouts

Question Title

* 1. How much money did FMH Conveyors LLC in Jonesboro receive for "infrastructure and equipment" from Governor Asa Hutchinson's Quick Action Closing Fund?

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* 2. What was the purpose of the $275,000 that Ben E. Keith Foods in North Little Rock received from Governor Asa hutchinson's Quick Action Closing Fund?

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* 3. Which company in Fort Smith received $2 million from the Governor Asa Hutchinson's Quick Action Closing Fund for "site preparation and construction"?

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* 4. How much money did Mortuus Pater Pictures receive for "film production" from Governor Asa Hutchinson's Quick Action Closing Fund?

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* 5. Which companies have received over $2 million in Governor Asa Hutchinson's Quick Action Closing Fund?

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* 6. How much money has been spent in total from the Governor's Quick Action Closing Fund since its inception in 2007?

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* 7. How much money did the American Taekwondo Association receive from Governor Asa Hutchinson's Quick Action Closing Fund for a new headquarters in Little Rock?

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* 9. In what town do you live?