{"data":{"id":"us-ar/ark.-code-ann.-26-51-2804","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-51-2804","heading":"Rules","body":"(a) The Department of Finance and Administration may adopt rules to implement and administer this subchapter and to enable the certification of the income tax credit amount earned by each eligible taxpayer. (b) The Department of Commerce shall adopt rules to: (1) Permit verification of an eligible taxpayer's railroad track maintenance expenditures for purposes of claiming the income tax credit allowed under this subchapter; (2) Provide for the approval of railroad track maintenance expenditures before a project commences; and (3) (A) Provide for a certificate of verification upon the completion of a project that uses railroad track maintenance expenditures. (B) The certificate of verification provided for by rule under this subsection shall satisfy all requirements of the Department of Finance and Administration pertaining to the eligibility of the person claiming an income tax credit under this subchapter. Added by Act 2021, No. 967,§ 1, eff. for tax years beginning on or after January 1, 2021.\n\n(a) The Department of Finance and Administration may adopt rules to implement and administer this subchapter and to enable the certification of the income tax credit amount earned by each eligible taxpayer.\n\n(b) The Department of Commerce shall adopt rules to: (1) Permit verification of an eligible taxpayer's railroad track maintenance expenditures for purposes of claiming the income tax credit allowed under this subchapter; (2) Provide for the approval of railroad track maintenance expenditures before a project commences; and (3) (A) Provide for a certificate of verification upon the completion of a project that uses railroad track maintenance expenditures. (B) The certificate of verification provided for by rule under this subsection shall satisfy all requirements of the Department of Finance and Administration pertaining to the eligibility of the person claiming an income tax credit under this subchapter.\n\n(1) Permit verification of an eligible taxpayer's railroad track maintenance expenditures for purposes of claiming the income tax credit allowed under this subchapter;\n\n(2) Provide for the approval of railroad track maintenance expenditures before a project commences; and\n\n(3) (A) Provide for a certificate of verification upon the completion of a project that uses railroad track maintenance expenditures. (B) The certificate of verification provided for by rule under this subsection shall satisfy all requirements of the Department of Finance and Administration pertaining to the eligibility of the person claiming an income tax credit under this subchapter.\n\n(A) Provide for a certificate of verification upon the completion of a project that uses railroad track maintenance expenditures.\n\n(B) The certificate of verification provided for by rule under this subsection shall satisfy all requirements of the Department of Finance and Administration pertaining to the eligibility of the person claiming an income tax credit under this subchapter.","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 2026-09-17","retrieved_at":"2026-09-17T21:35:43Z","sha256":"d9b6b863f7d0c6d41b85ffda79ba01c98ae3c991b0f7319b4bbf3d6f5d556771","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-51-2803","next":"us-ar/ark.-code-ann.-26-51-201","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."}