Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Arkansas |
| Effected Jurisdiction: | Arkansas |
Jurisdiction type: | State |
| Fiscal year ending In: | 2018 |
| Program name: | Water Resource Conservation and Development |
| Program purpose: | Conservation of farmland, forest, open space, or water |
| Statutory authority: | Arkansas Code Annotated Section 26-51-1001 - 26-51-1014 |
| Abating jurisdiction(s): | State of Arkansas |
| Applicable taxes: | Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | If the project is not completed within three years, all income Tax Credits used shall be repaid. If the project is not maintained for 10 years after completion, a pro rata share of the income Tax Credits used shall be recaptured based on the number of years since completion. |
| Gross revenue loss: | $691,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $691,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.dfa.arkansas.gov/accounting-office/acfr/ |
