Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 16 - Arkansas Economic Development Incentive Act of 1993

  • § 15-4-1601 - Title.
    This subchapter may be referred to and cited as the "Arkansas Economic Development Incentive Act of 1993".
  • § 15-4-1602 - Definitions.
    As used in this subchapter: (1) "Annual payroll" means the wages of the net new full-time permanent employees based on the payroll for the...
  • § 15-4-1603 - Economic Development Incentive Fund.
    There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a...
  • § 15-4-1604 - Powers and Duties of the Arkansas Economic Development Commission.
    The Arkansas Economic Development Commission shall administer the provisions of this subchapter and shall have the following powers and duties in addition to those...
  • § 15-4-1605 - Qualifications.
    To qualify for the benefits of this subchapter, the entity applying must: (1) Be classified as one (1) or more of the following types...
  • § 15-4-1606 - Limitations.
    The following limitations shall apply to all financial incentive plans negotiated by the Arkansas Economic Development Commission: (1) (A) The term of a financial...
  • § 15-4-1607 - Transfer of Funds.
    After the Department of Finance and Administration has received the certification of the number of employees and their payroll from a business that has...
  • § 15-4-1608 - Verification.
    (a) The Department of Finance and Administration shall have the authority to obtain whatever information necessary from participating businesses and from the Department of...
  • § 15-4-1609 - Effect of Participation.
    Receiving benefits pursuant to this subchapter will preclude a business from participating in the incentive program of the Arkansas Economic Development Act of 1995,...
  • § 15-4-1610 - [Repealed.]

Last modified: November 15, 2016