Arkansas Code Title 26, Subtitle 5, Chapter 51, Subchapter 17 - Low Income Housing Tax Credit

• § 26-51-1701 - Definitions.
  As used in this subchapter, unless the context clearly requires otherwise: (1) "Authority" means the Arkansas Development Finance Authority, or its successor agency; (2)...
• § 26-51-1702 - Allowance and Calculation of Tax Credit.
  (a) A taxpayer owning an interest in a qualified project shall be allowed a state tax credit, to be termed the Arkansas low income...
• § 26-51-1703 - Eligibility Statement.
  (a) The owner of a qualified project eligible for the Arkansas low income housing tax credit shall submit, at the time of filing the...
• § 26-51-1704 - Sale, Assignment, and Transfer of Tax Credit Allowed.
  (a) All or any portion of Arkansas low income housing tax credit issued in accordance with the provisions of this subchapter may be transferred,...
• § 26-51-1705 - Rules and Regulations.
  The Director of the Department of Finance and Administration and the Arkansas Development Finance Authority shall promulgate rules and regulations necessary to administer the...

Last modified: November 15, 2016