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 or Territory: | Arkansas |
Effected Jurisdiction: | Arkansas |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2018 |
Program name: | Wetland and Riparian Zone |
Program purpose: | Environmental protection |
Statutory authority: | Arkansas Code Annotated Section 26-51-1501 - 26-51-1510 |
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: | $253,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $253,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.dfa.arkansas.gov/accounting-office/acfr/ |