{"data":{"id":"us-ar/ark.-code-ann.-14-164-803","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-164-803","heading":"Definitions","body":"As used in this subchapter: (1) \"Bonds\" means bonds, notes, certificates, financing leases, or other interest-bearing instruments or evidences of indebtedness that are issued under this subchapter; (2) \"Chief executive officer\" means the chief executive officer of a municipality or the county judge of a county; (3) \"County\" means a county in the State of Arkansas; (4) \"Energy efficiency project\" means: (A) A new facility that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that: (i) Do not degrade the level of service or working conditions; (ii) Are measurable and verifiable under the International Performance Measurement and Verification Protocol, promulgated by the Arkansas Pollution Control and Ecology Commission in the rules required under § 19-11-1207 ; and (iii) Are measured and verified by an audit performed by an independent engineer or by a qualified provider, including the vendor providing the energy efficiency project; or (B) An existing facility alteration that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that conform with subdivisions (4)(A)(i) and (ii) of this section; (5) \"Guaranteed energy cost savings contract\" means a contract for the implementation of one (1) or more energy efficiency projects and services provided by a qualified provider in which the energy and cost savings achieved by the installed energy efficiency project cover all energy efficiency project costs, including financing, over a specified contract term; (6) \"Issuer\" means a municipality or a county; (7) \"Legislative body\" means the quorum court of a county or the council, board of directors, board of commissioners, or similar elected governing body of a city or town; (8) \"Municipality\" means a city or incorporated town in the State of Arkansas; (9) \"Operating cost savings\" means expenses eliminated and future replacement expenditures avoided as a result of new equipment installed or services performed; (10) \"Ordinance\" means an ordinance, resolution, or other appropriate legislative enactment of a legislative body; and (11) \"Qualified provider\" means the same as defined in § 19-11-1202 . Amended by Act 2019, No. 315,§ 1008, eff. 7/24/2019. Amended by Act 2017, No. 271,§ 3, eff. 8/1/2017. Added by Act 2015, No. 1275,§ 1, eff. 7/22/2015.\n\nAs used in this subchapter:\n\n(1) \"Bonds\" means bonds, notes, certificates, financing leases, or other interest-bearing instruments or evidences of indebtedness that are issued under this subchapter;\n\n(2) \"Chief executive officer\" means the chief executive officer of a municipality or the county judge of a county;\n\n(3) \"County\" means a county in the State of Arkansas;\n\n(4) \"Energy efficiency project\" means: (A) A new facility that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that: (i) Do not degrade the level of service or working conditions; (ii) Are measurable and verifiable under the International Performance Measurement and Verification Protocol, promulgated by the Arkansas Pollution Control and Ecology Commission in the rules required under § 19-11-1207 ; and (iii) Are measured and verified by an audit performed by an independent engineer or by a qualified provider, including the vendor providing the energy efficiency project; or (B) An existing facility alteration that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that conform with subdivisions (4)(A)(i) and (ii) of this section;\nmeasured and verified by an audit performed by an independent engineer or by a qualified provider, including the vendor providing the energy efficiency project; or (B) An existing facility alteration that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that conform with subdivisions (4)(A)(i) and (ii) of this section;\n\n(A) A new facility that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that: (i) Do not degrade the level of service or working conditions; (ii) Are measurable and verifiable under the International Performance Measurement and Verification Protocol, promulgated by the Arkansas Pollution Control and Ecology Commission in the rules required under § 19-11-1207 ; and (iii) Are measured and verified by an audit performed by an independent engineer or by a qualified provider, including the vendor providing the energy efficiency project; or\n\n(i) Do not degrade the level of service or working conditions;\n\n(ii) Are measurable and verifiable under the International Performance Measurement and Verification Protocol, promulgated by the Arkansas Pollution Control and Ecology Commission in the rules required under § 19-11-1207 ; and\n\n(iii) Are measured and verified by an audit performed by an independent engineer or by a qualified provider, including the vendor providing the energy efficiency project; or\n\n(B) An existing facility alteration that is designed to reduce the consumption of energy or natural resources or result in operating cost savings as a result of changes that conform with subdivisions (4)(A)(i) and (ii) of this section;\n\n(5) \"Guaranteed energy cost savings contract\" means a contract for the implementation of one (1) or more energy efficiency projects and services provided by a qualified provider in which the energy and cost savings achieved by the installed energy efficiency project cover all energy efficiency project costs, including financing, over a specified contract term;\n\n(6) \"Issuer\" means a municipality or a county;\n\n(7) \"Legislative body\" means the quorum court of a county or the council, board of directors, board of commissioners, or similar elected governing body of a city or town;\n\n(8) \"Municipality\" means a city or incorporated town in the State of Arkansas;\n\n(9) \"Operating cost savings\" means expenses eliminated and future replacement expenditures avoided as a result of new equipment installed or services performed;\n\n(10) \"Ordinance\" means an ordinance, resolution, or other appropriate legislative enactment of a legislative body; and\n\n(11) \"Qualified provider\" means the same as defined in § 19-11-1202 .","path":["AR Code","Title 14","Chapter 164","Subchapter 8"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"b913174c8121a404f5f2c24acbd66712579cb32e4fa34767bc57d0c0a0501071","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-164-802","next":"us-ar/ark.-code-ann.-14-164-804"},"notice":"GroundRules: Original legal text. Not legal advice."}