§ 26-4-206 - Tax incentive.
26-4-206. Tax incentive.
Any motion picture production company which expends in excess of one million dollars ($1,000,000) in connection with the filming or production of one (1) or more motion pictures in the State of Arkansas within a twelve-month period or which expends in excess of five hundred thousand dollars ($500,000) in connection with the filming or production of one (1) motion picture in this state within a six-month period shall, upon making application therefor and meeting other requirements prescribed in this subchapter, be entitled to a tax incentive benefit of five percent (5%) of the funds so expended in Arkansas in connection with the filming or production of a motion picture.