reglab/housing_qa huggingface dataset:
AR Code § 15-4-2402 (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|§ 15-4-2402. Certification required

 To claim the benefits of this subchapter, a taxpayer must obtain a certification prior to December 31, 2006, from the Executive Director of the Arkansas Economic Development Commission certifying to the Revenue Division of the Department of Finance and Administration that the taxpayer:   (1) Is a qualified manufacturer of steel;  (2) Operates a steel mill in Arkansas which began production after January 1, 2001; and  (3) Has invested after January 1, 2001, and prior to December 31, 2006, more than two hundred million dollars ($200,000,000) in a steel mill, and the investment expenditure is for one (1) or more of the following:  (A) Property purchased for use in the construction of a building or buildings or any addition or improvement thereon to house the steel mill;  (B)  (i) Machinery and equipment to be located in or in connection with the steel mill.  (ii) Motor vehicles of a type subject to registration shall not be considered as machinery and equipment; and    (C) Project planning costs or construction labor costs, including:  (i) On-site direct labor and supervision, whether employed by a contractor or the project owner;  (ii) Architectural fees or engineering fees, or both;  (iii) Right-of-way purchases;  (iv) Utility extensions;  (v) Site preparation;  (vi) Parking lots;  (vii) Disposal or containment systems;  (viii) Water and sewer treatment systems;  (ix) Rail spurs;  (x) Streets and roads;  (xi) Purchase of mineral rights;  (xii) Land;  (xiii) Buildings;  (xiv) Building renovation;  (xv) Production, processing, and testing equipment;  (xvi) Drainage systems;  (xvii) Water tanks and reservoirs;  (xviii) Storage facilities;  (xix) Equipment rental;  (xx) Contractor's cost-plus fees;  (xxi) Builders' risk insurance;  (xxii) Original spare parts;  (xxiii) Job administrative expenses;  (xxiv) Office furnishings and equipment;  (xxv) Rolling stock; and  (xxvi) Capitalized start-up costs related to the construction.
AR Code § 15-4-2403 (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|§ 15-4-2403. Exemption from taxes

 Sales of natural gas and electricity to taxpayers qualified to receive the benefits of this subchapter for use in connection with the steel mill shall be exempt from the gross receipts tax levied by the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq., the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq., and any other state or local tax administered under the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq., and the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.
AR Code § 15-4-2404 (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|§ 15-4-2404. Net operating loss deduction — Carry forward

 (a) Taxpayers qualified for the benefits of this subchapter and entitled to a net operating loss deduction as provided in § 26-51-427 may carry forward that deduction to the next-succeeding taxable year following the year of the net operating loss and annually thereafter for a total period of ten (10) years or until the net operating loss has been exhausted, whichever is earlier.  (b) The net operating loss deduction must be carried forward in the order named in subsection (a) of this section.
AR Code § 15-4-2405 (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|§ 15-4-2405. Extension of recycling tax credit — Postconsumer waste

 (a)  (1) A qualified manufacturer of steel which has been certified by the Executive Director of the Arkansas Economic Development Commission after January 1, 2001, and prior to December 31, 2006, as qualifying for the benefits of this subchapter and has qualified for the income tax credit for the purchase of waste reduction, reuse, or recycling equipment provided by § 26-51-506, may carry forward any unused income tax credit earned under § 26-51-506 for a period of fourteen (14) consecutive years following the taxable year in which the credit originated.  (2) Income tax credits which would otherwise expire during that period shall first be used.    (b) In the case of a qualified manufacturer of steel as described in subsection (a) of this section:  (1) The term “waste reduction, reuse, or recycling equipment” as defined in § 26-51-506 shall include production, processing, and testing equipment used to manufacture products containing recovered materials; and  (2)  (A) The provisions of § 26-51-506(d)(4) shall not apply.  (B) However, the qualified manufacturer of steel shall make a good faith effort to use recovered materials containing Arkansas post-consumer waste as a part of the materials used.
AR Code § 15-4-2406 (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|§ 15-4-2406. Refund of recycling tax credit

 (a)  (1) In the case of a qualified manufacturer of steel as described in § 15-4-2405(a), the provisions of § 26-51-506(f) shall not apply.  (2) However, the qualified manufacturer of steel shall refund the amount of the tax credit provided by subsection (b) of this section if within three (3) years of the taxable year in which the credit originated:  (A)  (i) The waste reduction, reuse, or recycling equipment is removed from Arkansas, disposed of, or transferred to another person, or the qualified manufacturer of steel otherwise ceases to use the required materials or operate in accordance with § 26-51-506.  (ii) However, reorganization transactions, changes of ownership and control, and sales and transfers of waste reduction, reuse, or recycling equipment among affiliates which do not constitute sales or transfers to a third-party purchaser shall not be considered disposals, transfers, or cessations of use for purposes of § 26-51-506; or    (B) The Director of the Division of Environmental Quality finds that the qualified manufacturer of steel has operated the waste reduction, reuse, or recycling equipment in a manner which demonstrates a pattern of intentional failure to comply with final administrative or judicial orders which clearly indicates a disregard for environmental regulation.      (b) If the provisions of subsection (a) of this section apply, the qualified manufacturer of steel shall refund the amount of the tax credit which was deducted from income tax liability which exceeds the following amounts:  (1) Within the first year, zero dollars ($0.00);  (2) Within the second year, an amount equal to thirty-three percent (33%) of the amount of credit allowed; and  (3) Within the third year, an amount equal to sixty-seven percent (67%) of the credit allowed.    (c) Any refund required by subdivision (a)(2)(A) of this section shall apply only to the credit given for the particular waste reduction, reuse, or recycling equipment to which subdivision (a)(2)(A) of this section applies.  (d) Any taxpayer who is required to refund part of a credit pursuant to this section shall no longer be eligible to carry forward any amount of that credit which had not been used as of the date the refund is required.  (e) Any person or legal entity aggrieved by a decision of the director under this section may appeal to the Arkansas Pollution Control and Ecology Commission through administrative procedures adopted by the commission and to the courts in the manner provided in §§ 8-4-222 — 8-4-229.
AR Code § 15-4-2407 (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|§ 15-4-2407. Apportionment of credit amount

 In the case of a qualified manufacturer of steel as described in § 15-4-2405(a) which is:   (1) A proprietorship, partnership, or other business organization treated as a proprietorship or partnership for tax purposes, the amount of the credit determined under this subchapter for any taxable year shall be apportioned to each proprietor, partner, member, or other owner in proportion to the amount of income from the entity which the proprietor, partner, member, or other owner is required to include in gross income;  (2) A Subchapter S corporation, the amount of credit determined shall be apportioned to each Subchapter S corporation shareholder in proportion to the amount of income from the entity which the Subchapter S corporation shareholder is required to include as gross income; or  (3) An estate or trust:  (A) The amount of the credit determined for any taxable year shall be apportioned between the estate or trust and the beneficiaries on the basis of the income of the estate or trust allocable to each; and  (B) Any beneficiary to whom any amount has been apportioned under this subchapter shall be allowed, subject to the limitations contained in this subchapter, a credit under this subchapter for that amount.
AR Code § 15-4-2501 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2501. Definitions

 As used in this subchapter:   (1) “Commission” means the Arkansas Economic Development Commission;  (2) “Community lender” means any organization that is involved in making loans to small businesses within this state;  (3) “Council” means the Arkansas Economic Development Council;  (4) [Repealed.]  (5)  (A) “High unemployment” means an unemployment rate equal to or greater than one hundred fifty percent (150%) of the state's average unemployment rate for the preceding calendar year as specified by statewide annual labor force statistics compiled by the Division of Workforce Services, when the state's annual average unemployment is six percent (6%) or lower.  (B) However, when the state's unemployment rate is above six percent (6%), “high unemployment” means unemployment equal to or greater than three percent (3%) above the state's average unemployment rate for the preceding calendar year as specified by statewide annual labor force statistics compiled by the division;    (6) “Small business” means business enterprises with fewer than fifty (50) full-time employees and less than one million dollars ($1,000,000) in annual gross sales or receipts; and  (7) “Small-business person” means an individual, firm, partnership, limited liability company, corporation, or any other business entity in any form that owns and operates a small business.
AR Code § 15-4-2502 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2502. Fifty-percent loan subsidy program

 (a) The Arkansas Economic Development Commission shall institute a program to make participation loans that are originated by approved community lenders for small businesses in this state.  (b) The commission's participating share of any qualified loan shall not exceed fifty percent (50%) of the total loan amount, and the commission's share shall be in an amount not less than two thousand five hundred dollars ($2,500) and not more than forty thousand dollars ($40,000).  (c) The commission shall share on a pari passu basis with the originating community lender all collateral, guarantees, repayments, and recoveries on loans made in this program.  (d) The commission shall give preference to high-unemployment counties.
AR Code § 15-4-2503 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2503. Lender application — Approval

 (a) Any community lender that desires to seek participating loans from the Arkansas Economic Development Commission pursuant to the program authorized by this subchapter shall make application to the commission.  (b) Approval of any participating community lender shall be done by action of the Arkansas Economic Development Council.
AR Code § 15-4-2504 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2504. Supporting documents

 Each community lender requesting a participating loan shall submit to the Arkansas Economic Development Commission an application, supporting documents, and instruments as may be required by the rules promulgated by the commission.
AR Code § 15-4-2505 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2505. Duty to seek collaboration

 The Arkansas Economic Development Commission shall:   (1) Actively seek support from and collaboration with statewide financial institutions, the Arkansas Credit Union League, United States Small Business Administration, Arkansas Bankers Association, Arkansas Development Finance Authority, and other agencies interested in supporting small business efforts in the state; and  (2) Provide small business persons with:  (A) Assistance and resources for preparation of business plans available through the commission and other agencies;  (B) Information about services available through the commission;  (C) Information about financial institutions and agencies that have agreed to support and collaborate with the program authorized by this subchapter;  (D) Continuing assistance after a loan is made; and  (E) Information on training programs or technical assistance to include instructions on the importance of establishing and maintaining credit, seeking and obtaining state licenses and contracts, and business planning and management.
AR Code § 15-4-2506 (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 25 - Small Business Loan Collaboration Program|§ 15-4-2506. Rules

 The Arkansas Economic Development Commission shall promulgate rules to implement this subchapter.
AR Code § 15-4-2701 (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 27 - Consolidated Incentive Act of 2003|§ 15-4-2701. Legislative intent

 (a) The General Assembly recognizes that job creation and capital investment in Arkansas are dependent upon being competitive with other states for business locations and expansions.  (b) Acts 2001, No. 757, authorized the Bureau of Legislative Research to conduct a study of business development incentives in Arkansas and in states with which Arkansas frequently competes for business locations.  (c) This subchapter incorporates many of the findings of that study in an effort to make our state more competitive for the creation of new and better jobs for the citizens of Arkansas.
AR Code § 15-4-2702 (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 27 - Consolidated Incentive Act of 2003|§ 15-4-2702. Title

 This subchapter shall be known and may be cited as the “Consolidated Incentive Act of 2003”.
AR Code § 15-4-2704 (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 27 - Consolidated Incentive Act of 2003|§ 15-4-2704. Tier system

 (a) The Arkansas Economic Development Commission shall establish a tier system that shall rank all seventy-five (75) counties of this state into four (4) divisions on the basis of economic prosperity.  (b) Tier 4 shall be the least prosperous division and tier 1 shall be the most prosperous division.  (c) The assignment of a county to a tier shall be based on a ranking of:  (1) Unemployment rate;  (2) Poverty rate;  (3) Per capita personal income; and  (4) Population change.    (d) The commission shall:  (1) Update ranking statistics annually; and  (2) Place counties into tiers based on the updated statistics.    (e)  (1) A county that has experienced a sudden and severe period of economic distress caused by a closure of one (1) or more businesses or a mass layoff at one (1) or more businesses, or both, as documented by notice provided under the Worker Adjustment and Retraining Notification Act, 29 U.S.C. § 2101 et seq., as it existed on January 1, 2019, that results in the loss of a minimum of five percent (5%) of the county's employed labor force may be moved down one (1) tier upon written request by the county judge of the affected county and approval by the Director of the Arkansas Economic Development Commission.  (2) The five-percent threshold stated in subdivision (e)(1) of this section shall be evidenced by calculating the highest percentage difference in employment between the county's:  (A) Current monthly, not seasonally, adjusted total employed labor force; and  (B) Each of the following:  (i) The previous monthly, not seasonally, adjusted total employed labor force;  (ii) The most recent annually, not seasonally, adjusted total employed labor force; or  (iii) The monthly, not seasonally, adjusted total employed labor force for the same month of the previous year.      (3) If the director approves a county's move to a higher tier, a qualified business that has signed a financial incentive agreement with the commission dated before the director's action shall receive the incentives that were assigned to the county to which it located at the time the financial incentive agreement was signed, regardless of any subsequent change to the tier.  (4) A tier increase approved under this subsection remains in effect until the annual tier rankings are updated under subsection (d) of this section.
AR Code § 15-4-2710 (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 27 - Consolidated Incentive Act of 2003|§ 15-4-2710. Powers and duties of the Arkansas Economic Development Commission

 The Arkansas Economic Development Commission shall administer this subchapter and in addition to powers and duties mentioned in other laws may:   (1) Promulgate rules in accordance with the Arkansas Administrative Procedure Act, § 25-15-201 et seq., necessary to carry out the provisions of this subchapter;  (2) Provide the Department of Finance and Administration with a copy of each financial incentive agreement entered into by the commission with each qualified business;  (3) Assist the governing authority in obtaining assistance from any other agency of state government, including assistance to new businesses and industries;  (4) Assist any employer or prospective employer with a qualifying project in obtaining the benefits of any incentive or inducement program authorized by state law;  (5) Act as a liaison between other state agencies and businesses and industries to ensure that both the spirit and intent of this subchapter are met;  (6) Make disbursements from the Economic Development Incentive Fund to qualified businesses as authorized in § 15-4-2707; and  (7) Negotiate proposals on behalf of the state with prospective businesses that are considering locating new facilities or expanding existing facilities that would seek the incentives of the discretionary programs under this subchapter.
AR Code § 15-4-2801 (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 28 - Biodiesel Incentive Act|§ 15-4-2801. Title

 This subchapter shall be known and may be cited as the “Biodiesel Incentive Act”.
AR Code § 15-4-2802 (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 28 - Biodiesel Incentive Act|§ 15-4-2802. Definitions

 As used in this subchapter:   (1) “Biodiesel fuel” means a diesel fuel substitute produced from nonpetroleum renewable resources that meets the registration requirements for fuels and fuel additives established under the Energy Policy Act of 1992, 42 U.S.C. §§ 13211—13219, as in effect on January 1, 2005;  (2) “Biodiesel mixture” means a mixture of biodiesel fuel and undyed, clear distillate special fuel that is suitable for use in motor vehicles on Arkansas highways and determined without regard to any use of kerosene that is:  (A) Sold by the supplier producing biodiesel mixture to any person for use as a fuel; or  (B) Used as a fuel by the supplier producing the biodiesel mixture;    (3) “Biodiesel producer” means a business located in the State of Arkansas that uses agricultural crops, agricultural residues, or waste products, excluding recycled oils, to manufacture biodiesel fuel; and  (4) “Supplier” means any person who:  (A) Is customarily in the wholesale business of offering distillate special fuels or liquefied gas special fuels for resale or use to any person in this state; and  (B) Makes bulk sales of fuel.