reglab/housing_qa huggingface dataset:
AR Code § 15-4-1905 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 19 - Arkansas Economic Development Act of 1995|§ 15-4-1905. Financial incentive plan

 The financial incentive plan shall:   (1) Specify the tax incentives the business is to receive, including the maximum amount of income tax credit the business may claim for each tax year covered by the financial incentive plan;  (2)  (A) Specify the term of the financial incentive plan, which cannot exceed ten (10) years.  (B) The ten (10) years shall be calculated from the date the financial incentive plan is signed by the business and the Arkansas Economic Development Commission;    (3) Specify the annual tax credit earned based on total investment divided by the term of the financial incentive plan and attach copies of the business's loan documents which reflect the amount of the annual payments, or documents reflecting the amount of total investment in land, buildings, and equipment;  (4) Specify the amount of the average hourly wage the business must maintain to receive benefits under the financial incentive plan;  (5) Specify the percentage of income tax liability against which the income tax credit may be claimed;  (6) Specify that the tax credits can never exceed the total amount of the debt service or for projects initiated after June 1, 2000, the total amount of the investment in land, buildings, and equipment; and  (7) Specify that after the term of the financial incentive plan expires, the business may not claim any unused credit against income tax liability for subsequent tax years.
AR Code § 15-4-1907 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 19 - Arkansas Economic Development Act of 1995|§ 15-4-1907. Verification

 (a) The Department of Finance and Administration shall have the authority to obtain whatever information necessary from the participating businesses and from the Division of Workforce Services to verify that businesses which have entered into financial incentive plans with the Arkansas Economic Development Commission are complying with the terms of the financial incentive plans and reporting accurate information concerning the number of employees and their payroll to the department.  (b) The department may promulgate rules and regulations necessary for the proper administration of the provisions of this subchapter.
AR Code § 15-4-1908 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 19 - Arkansas Economic Development Act of 1995|§ 15-4-1908. Effect of participation

 Receiving benefits for a project pursuant to this subchapter will preclude a business from receiving benefits under any other tax incentive program for that same project.
AR Code § 15-4-2001 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2001. Short title

 This subchapter may be referred to and cited as the “Digital Product and Motion Picture Industry Development Act of 2009”.
AR Code § 15-4-2002 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2002. Legislative intent

 It is the intent of the General Assembly to assist in cultivating the film industry by:   (1) Providing the citizens of Arkansas with the education, training, and financial tools to succeed in today's global economy. The economic landscape of the state and the nation has moved from a manufacturing-based economy to one based on knowledge and technology, and to cultivate the state's economy based upon knowledge and technology, by further developing the film and digital content industry in Arkansas;  (2) Providing the financial incentives needed to foster the long-term development of the digital medium and traditional film industry in Arkansas;  (3) Recognizing that similar incentives in surrounding states have been a catalyst for unprecedented economic growth within those states and that to create an effective mechanism for the sustained growth of the film industry in Arkansas will require the passage of legislation that establishes a film production incentive program that is not only competitive but also uniquely attractive to specific types of projects, production companies, and infrastructure creation;  (4) Recognizing that a successfully cultivated film industry will create a sector of high technology in Arkansas, a much-needed infusion of capital into areas of the state that may be economically depressed, and offer to Arkansans skilled labor employment opportunities that require knowledge and pay well;  (5) Recognizing that the temporary revenue loss to seed the initial growth will be offset by the film and digital content industry's total value added to the Arkansas economy and directly offset through the state and local taxes collected on economic activity generated by the industry;  (6) Allowing Arkansas to become competitive with surrounding states that offer financial incentives to the film and digital content industry;  (7) Creating a vibrant film and digital content industry in Arkansas that will be essential to retain highly educated and creative individuals in Arkansas who want to pursue a career in this field;  (8) Recognizing that the state is uniquely qualified to attract digital form product providers to live, work, and play within its borders due to the state's natural settings, availability of labor and materials, climate, and the hospitality of its people; and  (9) Recognizing that the Motion Picture Incentive Act of 1983, previously codified at this subchapter, which was one of the first incentives offered to the motion picture industry and allowed the state and motion picture industry to develop a strong partnership, resulted in a significant increase in the number of movies filmed in Arkansas.
AR Code § 15-4-2004 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2004. Requirement for registration

 (a) A production company that plans to operate within the borders of Arkansas shall register with the Film Office before beginning operations.  (b)  (1) Upon registration and signing a financial incentive agreement, the production company shall include the name of Arkansas in the credits.  (2) The Director of the Arkansas Economic Development Commission may waive this requirement if he or she determines that the state should not be acknowledged.
AR Code § 15-4-2005 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2005. Production rebate

 (a)  (1) The Director of the Arkansas Economic Development Commission may offer to a production company that has submitted an application under § 15-4-2007 a rebate of up to twenty percent (20%) on all qualified production costs in connection with the production of a state-certified film project.  (2) If the director approves a project for a rebate under this section, an additional rebate of ten percent (10%) shall be granted for the payroll of below-the-line employees who are full-time residents of Arkansas.    (b) To qualify for this rebate, a production company shall spend at least two hundred thousand dollars ($200,000) within a six-month period in connection with the production of one (1) project.  (c) A production rebate shall not be processed until the production company has met in full all obligations to each Arkansas institution and vendor owed for products or services in the state.
AR Code § 15-4-2006 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2006. Postproduction rebate

 (a)  (1) The Director of the Arkansas Economic Development Commission may offer to a qualifying production company that has submitted an application under § 15-4-2007 a rebate of up to twenty percent (20%) on all qualified production costs in connection with the postproduction of a state-certified film project.  (2) If the director approves a project for a rebate under this section, an additional rebate of ten percent (10%) shall be granted for the payroll of below-the-line employees who are full-time residents of Arkansas.    (b) To qualify for this rebate, a production company must spend at least fifty thousand dollars ($50,000) within a six-month period in connection with the production of one (1) project.  (c) A postproduction rebate shall not be processed until the production company has met in full all obligations to each Arkansas institution and vendor owed for products or services in the state.
AR Code § 15-4-2008 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2008. Disbursement of rebate incentive

 (a) The Revenue Division of the Department of Finance and Administration shall upon receipt of an application for a rebate, including a proof of performance expenditure report from the Film Office:  (1) Calculate the total expenditures of the relevant production company for which there are documented receipts for funds expended in the state;  (2) Calculate the incentive benefit to which the applicant is entitled, subject to any conditions of the approved financial incentive agreement; and  (3) Provide certification to the Secretary of the Department of Finance and Administration specifying the amount to be remitted to the production company within one hundred twenty (120) days after the final expenditure report has been submitted.    (b) The secretary, within ten (10) working days after the receipt of the certification from the division, shall remit the rebate to:  (1) The production company; or  (2) At the option of the production company, the full amount or a specified amount noted by the production company to the:  (A) National Film Preservation Foundation;  (B) Motion Picture Retirement Fund; or  (C) Digital Product and Motion Picture Office Fund.      (c)  (1) The amount of the rebate is limited to the amount specified in the approved financial incentive agreement.  (2) The rebate shall be awarded on a first-come, first-served basis.  (3) Rebates to be awarded from the Digital Product and Motion Picture Office Fund may be payable from any source of funds allocated for the rebates.
AR Code § 15-4-2009 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2009. Penalties

 (a) A production company that intends to apply for the rebate and does not register as required by § 15-4-2004 may be enjoined from engaging in production activities in the state by any court of competent jurisdiction until the production company has registered.  (b) A production company that intends to apply for the rebate incentives and fails to comply with this subchapter may be denied future participation in this incentive program and shall be subject to penalty in accordance with applicable state or federal law.
AR Code § 15-4-2010 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2010. Rules

 The Arkansas Economic Development Commission shall promulgate appropriate rules to carry out the intent and purposes of this subchapter and to prevent abuse.
AR Code § 15-4-2011 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 20 - Digital Product and Motion Picture Industry Development Act of 2009|§ 15-4-2011. Sunset

 The opportunity for a rebate provided by this subchapter shall expire on June 30, 2029.
AR Code § 15-4-2301 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2301. Title

 This subchapter may be referred to and cited as the “Arkansas Public Roads Improvements Credit Act”.
AR Code § 15-4-2302 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2302. Legislative intent

 The General Assembly finds and declares that:   (1) The state's program for capital improvements for public roads projects and the financing of those projects is inadequate;  (2) The economic and other benefits to the state and its people resulting from capital improvements for public roads projects are essential to the public health, safety, and welfare of the people of Arkansas; and  (3) Providing tax credits to taxpayers for contributions in aid of construction of capital improvements for public roads projects will encourage public and private participation in these capital improvement projects, will promote the economic welfare of this state and its people, and is in the public interest.
AR Code § 15-4-2303 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2303. Definitions

 As used in this subchapter:   (1) “Capital improvements” means capital improvements for public roads;  (2) “Commission” means the Arkansas Economic Development Commission;  (3) “Contribution” means a contribution in aid of construction of a public roads project made by a taxpayer to the Public Roads Incentive Fund;  (4) “Council” means the Arkansas Economic Development Council;  (5) “County” means any county in the State of Arkansas;  (6) [Repealed.]  (7) “Fund” means the Public Roads Incentive Fund;  (8) “Governing authority” means the quorum court of a county, the governing body of a municipality, and the State Highway Commission;  (9) “Municipality” means any city or incorporated town in the State of Arkansas;  (10) “Project” means all, any combination, or any part of the capital improvements for public roads which are authorized by a governing authority and approved by the Director of the Arkansas Economic Development Commission;  (11) “Public roads” means roads maintained by a governing authority; and  (12) “Taxpayer” includes any individual, fiduciary, or corporation subject to Arkansas state income tax.
AR Code § 15-4-2304 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2304. Approval of projects

 Governing authorities may apply to the Director of the Arkansas Economic Development Commission for funding assistance for capital improvement projects for public roads as provided by this subchapter. The director is authorized to approve capital improvements for funding assistance upon a finding that a project is in the public interest.
AR Code § 15-4-2305 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2305. Public Roads Incentive Fund

 (a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Public Roads Incentive Fund” of the Arkansas Economic Development Council.  (b) The fund shall consist of contributions made by taxpayers for public roads projects approved by the Director of the Arkansas Economic Development Commission and any other funds as are designated or deposited to the fund by law.  (c)  (1) A separate account shall be established for each project, and contributions for a project shall be applied to provide funding assistance for such a project.  (2) Any contributions which remain in the fund when a project is completed or terminated shall be held and applied to other public roads projects in such manner as the director shall direct.
AR Code § 15-4-2306 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2306. Tax credit

 (a) A taxpayer shall be entitled to a credit against any Arkansas income tax liability which may be imposed on the taxpayer for any tax year commencing on or after January 1, 1999, for contributions transmitted to the Treasurer of State pursuant to this subchapter.  (b) The credit shall be determined in the following manner:  (1) The credit is limited to an amount not to exceed thirty-three percent (33%) of the taxpayer's contribution;  (2) In any one (1) tax year, the credit allowed by this section shall not exceed fifty percent (50%) of the net Arkansas state income tax liability of the taxpayer after all other credits and reductions in tax have been calculated; and  (3) Any credit in excess of the amount allowed by subdivision (b)(2) of this section for any one (1) tax year may be carried forward and applied against any Arkansas state income tax liability for the next-succeeding tax year and annually thereafter for a total period of three (3) years next succeeding the year in which the credit arose, subject to the provisions of subdivision (b)(2) of this section or until the credit is exhausted, whichever occurs first.
AR Code § 15-4-2307 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 23 - Arkansas Public Roads Improvements Credit Act|§ 15-4-2307. Powers and duties of the Arkansas Economic Development Commission

 The Arkansas Economic Development Commission shall administer the provisions of this subchapter and shall have the following powers and duties, in addition to those mentioned in this subchapter and in other laws of this state:   (1) To monitor the implementation and operation of this subchapter and to conduct a continuing evaluation of the progress made;  (2) To assist the governing authority in obtaining assistance from any other department of state government;  (3) To submit an annual written report evaluating the effectiveness of the program and presenting any suggestions for improving the program, to be submitted to the Governor no later than March 1 of each year; and  (4) To promulgate rules in accordance with the Arkansas Administrative Procedure Act, § 25-15-201 et seq., necessary to carry out the provisions of this subchapter.
AR Code § 15-4-2401 (2020)
2020 Arkansas Code|Title 15 - Natural Resources and Economic Development|Subtitle 1 - Development Of Economic And Natural Resources Generally|Chapter 4 - Development Of Business And Industry Generally|Subchapter 24 - Steel Manufacturers' Tax Exemptions and Credits|§ 15-4-2401. Definitions

 As used in this subchapter:   (1) “Invested” includes, but is not limited to, expenditures made from the proceeds of bonds, including interim notes or other evidence of indebtedness, issued by a municipality, county, or an agency or instrumentality of a municipality, county, or the State of Arkansas, if the obligation to repay the bonds, including interest thereon, is a legally binding obligation, directly or indirectly, of the taxpayer;  (2) “Production, processing, and testing equipment” includes machinery and equipment essential for the receiving, storing, processing, and testing of raw materials and the production, storage, testing, and shipping of finished products, and facilities for the production of steam, electricity, chemicals, and other materials that are essential to the manufacturing process but which are consumed in the manufacturing process and do not become essential components of the finished product; and  (3) “Qualified manufacturer of steel” means any natural person, company, or corporation engaged in the manufacture, refinement, or processing of steel whenever more than fifty percent (50%) of the electricity or more than fifty percent (50%) of the natural gas consumed in the manufacture, refinement, or processing of steel is used to power an electric arc furnace or furnaces, continuous casting equipment, or rail steel mill equipment in connection with the melting, continuous casting, or rolling of steel or in the preheating of steel for processing through a rail steel mill.