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)