{"data":{"id":"us-ar/ark.-code-ann.-15-4-3302","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-4-3302","heading":"Equity investment incentives - Creation - Purpose - Tax credit","body":"(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.\n\n(a) Equity investment incentives in the form of tax credits to persons or companies investing in certain types of eligible businesses are created.\n\n(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.\n\n(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\n\n(A) Early-stage businesses and start-up businesses in this state;\n\n(B) Businesses paying wages in excess of prevailing wages in the state or the county where the company is located; and\n\n(C) Businesses that are invested in by venture capital funds and regional or community-based alliance funds; and\n\n(2) Create new jobs.\n\n(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.\n\n(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) .\n\n(2) The tax credit, if awarded, is available to the investor.","path":["AR Code","Title 15","Chapter 4","Subchapter 33"],"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":"13e568af4af1a10bfa5e72498fcb8b14753d4c028479e485c02fe171a6098def","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-4-3301","next":"us-ar/ark.-code-ann.-15-4-3303"},"notice":"GroundRules: Original legal text. Not legal advice."}