Ark. Code Ann. § 26-51-460: Opportunity zones - Definition

(a) Except as provided in subsection (b) of this section, 26 U.S.C. § 1400Z-2 , as in effect on January 1, 2018, regarding opportunity zones, is adopted for the purpose of computing Arkansas income tax liability.

(b) As used in this section and for purposes of the adoption of 26 U.S.C. § 1400Z-2 , "opportunity zone" means a population census tract located in Arkansas that is designated as a qualified opportunity zone under 26 U.S.C. § 1400Z-1 , as of January 1, 2019.