Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 23 - Arkansas Public Roads Improvements Credit Act
- § 15-4-2301 - Title.
This subchapter may be referred to and cited as the "Arkansas Public Roads Improvements Credit Act".
- § 15-4-2302 - Legislative Intent.
The General Assembly finds and declares that: (1) The state's program for capital improvements for public roads projects and the financing of those projects...
- § 15-4-2303 - Definitions.
As used in this subchapter: (1) "Capital improvements" means capital improvements for public roads; (2) "Commission" means the Arkansas Economic Development Commission; (3) "Contribution"...
- § 15-4-2304 - Approval of Projects.
Governing authorities may apply to the Director of the Arkansas Economic Development Commission for funding assistance for capital improvement projects for public roads as...
- § 15-4-2305 - Public Roads Incentive Fund.
(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State...
- § 15-4-2306 - Tax Credit.
(a) A taxpayer shall be entitled to a credit against any Arkansas income tax liability which may be imposed on the taxpayer for any...
- § 15-4-2307 - 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...
Last modified: November 15, 2016