Statutes > Arkansas Statutes > 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 2 - Arkansas Economic Development Council > § 15-4-207 - Arkansas Economic Development Commission -- Duties regarding tax exemption to industries.

§ 15-4-207 - Arkansas Economic Development Commission -- Duties regarding tax exemption to industries.

15-4-207. Arkansas Economic Development Commission -- Duties regarding tax exemption to industries.

The Arkansas Economic Development Commission shall be the official state agency to act with the Governor in carrying out the provisions of Arkansas Constitution, Amendment 27, which provides for the granting of a limited exemption of state taxes to new manufacturing or processing investments in Arkansas for a period of from one (1) to ten (10) years.