(a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created. (b) The equity investment incentives shall: (1) Encourage capital investment in certain types of businesses including: (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (2) Create new jobs. (c) (1) An equity investment incentive tax credit is created that shall be equal to thirty-three and one-third percent (331/3%) of the approved amount invested by an investor in an eligible business, as identified in § 15-4-3303(a) . (2) The tax credit, if awarded, is available to the investor. Acts 2007, No. 566, § 1. (a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created. (b) The equity investment incentives shall: (1) Encourage capital investment in certain types of businesses including: (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (2) Create new jobs. (c) (1) An equity investment incentive tax credit is created that shall be equal to thirty-three and one-third percent (331/3%) of the approved amount invested by an investor in an eligible business, as identified in § 15-4-3303(a) . (2) The tax credit, if awarded, is available to the investor. Acts 2007, No. 566, § 1. (a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created. (b) The equity investment incentives shall: (1) Encourage capital investment in certain types of businesses including: (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (2) Create new jobs. (c) (1) An equity investment incentive tax credit is created that shall be equal to thirty-three and one-third percent (331/3%) of the approved amount invested by an investor in an eligible business, as identified in § 15-4-3303(a) . (2) The tax credit, if awarded, is available to the investor. Acts 2007, No. 566, § 1. (a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created. (b) The equity investment incentives shall: (1) Encourage capital investment in certain types of businesses including: (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (2) Create new jobs. (1) Encourage capital investment in certain types of businesses including: (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (A) Early-stage businesses and start-up businesses in this state; (B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and (C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and (2) Create new jobs. (c) (1) An equity investment incentive tax credit is created that shall be equal to thirty-three and one-third percent (331/3%) of the approved amount invested by an investor in an eligible business, as identified in § 15-4-3303(a) . (2) The tax credit, if awarded, is available to the investor. (1) An equity investment incentive tax credit is created that shall be equal to thirty-three and one-third percent (331/3%) of the approved amount invested by an investor in an eligible business, as identified in § 15-4-3303(a) . (2) The tax credit, if awarded, is available to the investor. Acts 2007, No. 566, § 1.
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