{"data":{"id":"us-ar/ark.-code-ann.-26-51-2802","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-51-2802","heading":"Definitions","body":"As used in this subchapter: (1) \"Eligible taxpayer\" means a railroad that is classified as a Class II or Class III railroad by the United States Surface Transportation Board; and (2) \"Railroad track maintenance expenditures\" means gross expenditures for maintenance, reconstruction, or replacement of railroad track, including without limitation roadbed, bridges, industrial leads and side track, and related track structures, to the extent the expenditures are on railroad track that: (A) Is located in the state; (B) Is owned or leased by an eligible taxpayer; and (C) Existed as of July 28, 2021. Added by Act 2021, No. 967,§ 1, eff. for tax years beginning on or after January 1, 2021.\n\nAs used in this subchapter:\n\n(1) \"Eligible taxpayer\" means a railroad that is classified as a Class II or Class III railroad by the United States Surface Transportation Board; and\n\n(2) \"Railroad track maintenance expenditures\" means gross expenditures for maintenance, reconstruction, or replacement of railroad track, including without limitation roadbed, bridges, industrial leads and side track, and related track structures, to the extent the expenditures are on railroad track that: (A) Is located in the state; (B) Is owned or leased by an eligible taxpayer; and (C) Existed as of July 28, 2021.\n\n(A) Is located in the state;\n\n(B) Is owned or leased by an eligible taxpayer; and\n\n(C) Existed as of July 28, 2021.","path":["AR Code","Title 26","Chapter 51","Subchapter 28"],"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":"e6048051f4a381e5b324ce141318a7009d70255ab72674451b62c852f21492e5","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-51-2801","next":"us-ar/ark.-code-ann.-26-51-2803"},"notice":"GroundRules: Original legal text. Not legal advice."}