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Section 26-51-1506 - Administration — Arkansas Law | CourtGPT
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  4. Title 26 - Taxation (§§ 26-1-101 — 26-82-119)/
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  7. Subchapter 15 - Arkansas Private Wetland and Riparian Zone Creation, Restoration, and Conservation Tax Credits Act/
  8. Section 26-51-1506 - Administration
Arkansas Legal Code

Section 26-51-1506 - Administration

(a) The Arkansas Natural Resources Commission is charged with the responsibility of promulgating and administering rules related to the creation, restoration, and conservation of wetlands and riparian zones with the intent of qualifying for the tax credits provided for in this subchapter.(b)(1) The commission may charge a reasonable application fee for the processing of tax credit applications.(2) All fees collected shall be deposited into the Arkansas Water Development Fund.Amended by Act 2023, No. 691,§ 212, eff. 7/1/2023.Amended by Act 2021, No. 483,§ 13, eff. 7/28/2021.Acts 1995, No. 561, § 5; 2009, No. 351, § 7.

(a) The Arkansas Natural Resources Commission is charged with the responsibility of promulgating and administering rules related to the creation, restoration, and conservation of wetlands and riparian zones with the intent of qualifying for the tax credits provided for in this subchapter.(b)(1) The commission may charge a reasonable application fee for the processing of tax credit applications.(2) All fees collected shall be deposited into the Arkansas Water Development Fund.Amended by Act 2023, No. 691,§ 212, eff. 7/1/2023.Amended by Act 2021, No. 483,§ 13, eff. 7/28/2021.Acts 1995, No. 561, § 5; 2009, No. 351, § 7.
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