Tax Break Tracker Individual Entry

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
Reporting Jurisdiction: 
Arkansas
Jurisdiction type
State
Fiscal year ending In: 
2019
Program name: 
Wetland and Riparian Zone Program
Program purpose
Preservation of open space, farmland, wetland and/or forestland
Statutory authority
Arkansas Code Ann. 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 maintained for 10 years after completion, a pro rata share of the income tax credits used shall be recaptured.
Gross revenue loss
$269,000
Reimbursement / offset
$0
Net revenue loss
$269,000
Type of loss
Active
Additional notes on dislosure: 
(none)