{"data":{"id":"us-ar/ark.-code-ann.-14-175-112","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-175-112","heading":"Economic development taxes","body":"(a) All tax proceeds received by a corporation under § 14-174-101 et seq. shall be used for any one (1) or more of the following purposes: (1) To pay administrative costs incurred by the corporation; (2) To pay costs incurred in connection with a project; (3) To pay costs incurred for promotional purposes; or (4) To pay expenses incurred by the corporation under § 14-175-113 relating to job training. (b) Tax proceeds received by a corporation under § 14-174-101 et seq. shall not be used for a project for the direct benefit of a specific individual or individuals or nongovernmental enterprise or enterprises unless the primary purpose of the project is to finance an economic development project or provide an economic development service within or near the local government that levies the tax, as provided under § 14-174-105 . Amended by Act 2017, No. 686,§ 5, eff. 3/27/2017. Acts 2005, No. 1372, § 3.\n\n(a) All tax proceeds received by a corporation under § 14-174-101 et seq. shall be used for any one (1) or more of the following purposes: (1) To pay administrative costs incurred by the corporation; (2) To pay costs incurred in connection with a project; (3) To pay costs incurred for promotional purposes; or (4) To pay expenses incurred by the corporation under § 14-175-113 relating to job training.\n\n(1) To pay administrative costs incurred by the corporation;\n\n(2) To pay costs incurred in connection with a project;\n\n(3) To pay costs incurred for promotional purposes; or\n\n(4) To pay expenses incurred by the corporation under § 14-175-113 relating to job training.\n\n(b) Tax proceeds received by a corporation under § 14-174-101 et seq. shall not be used for a project for the direct benefit of a specific individual or individuals or nongovernmental enterprise or enterprises unless the primary purpose of the project is to finance an economic development project or provide an economic development service within or near the local government that levies the tax, as provided under § 14-174-105 .","path":["AR Code","Title 14","Chapter 175"],"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 2026-09-17","retrieved_at":"2026-09-17T21:35:43Z","sha256":"6b0c870a4dcf6b4db5c0e6628ac65d2ee4618267855d259e86138f4e8485bdb4","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-175-111","next":"us-ar/ark.-code-ann.-14-175-113","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ar","title":"Arkansas Release 78 supplement","text":"Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ar.code"}]},"notice":"GroundRules: Original legal text. Not legal advice."}