{"data":{"id":"us-ar/ark.-code-ann.-26-51-2406","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-51-2406","heading":"Projected rehabilitation or development expenditures","body":"(a) The projected qualified rehabilitation or development expenditures must occur during a period not to exceed eighteen (18) months.\n\n(b) For the rehabilitation or development of an existing structure, the projected qualified rehabilitation or development expenditures must equal or exceed the adjusted basis of the existing structure, excluding the land, before the qualified rehabilitation or development work begins.","path":["AR Code","Title 26","Chapter 51","Subchapter 24"],"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":"b378c7d0333ca13b9bfb3a5743c589ca813413ea09ca63745aab6a12a71c9ab7","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-51-2405","next":"us-ar/ark.-code-ann.-26-51-2407"},"notice":"GroundRules: Original legal text. Not legal advice."}