Ark. Code Ann. § 26-53-139: Exemption for railroad parts, cars, and equipment

There is specifically exempted from any tax imposed by this subchapter including, but not limited to, §§ 26-53-106 - 26-53-108 , parts and other tangible personal property incorporated into or which ultimately become a part of railroad parts, railroad cars, and equipment brought into the State of Arkansas solely and exclusively for the purpose of being repaired, refurbished, modified, or converted within this state.