Code of Arkansas Rules Title 26 — Taxation
26 CAR § 260-101
Purpose
Official textcodeofarrules.arkansas.gov12 subsections
# (a)
Wetlands and riparian zones provide the state with significant benefits in the areas of:
# (1)
Flood control;
# (2)
Water quality enhancement;
# (3)
Sediment reduction;
# (4)
Fish and wildlife habitat;
# (5)
Recreation; and
# (6)
Recharging of groundwater.
# (b)
The state continues to experience significant loss of wetlands.
# (c)
Since the majority of lands suitable for wetlands and riparian zones are held by private owners, the state has developed this program to encourage these owners to:
# (1)
Restore and enhance existing wetlands and riparian zones;
# (2)
Create new wetlands and riparian zones; or
# (3)
Donate wetland and riparian zone-qualified real property interests.
Source: view the official text
In this chapter (30 sections)
- 260-101 · Purpose
- 260-102 · Legislation
- 260-103 · Definitions
- 260-104 · Tax credit amount allowed
- 260-105 · Application fee
- 260-106 · Delegation of authority
- 260-107 · Department of Agriculture reports to Department of Finance…
- 260-108 · Appeals
- 260-201 · Membership
- 260-202 · Procedures
- 260-203 · Committee responsibilities
- 260-301 · Application for creation and restoration credit
- 260-302 · Committee and director review
- 260-303 · Applicant’s responsibilities
- 260-304 · Certificate of completion
- 260-305 · Eligible costs
- 260-306 · Approved design standards
- 260-307 · Minimum standards for projects
- 260-308 · Specific standards for riparian zones
- 260-309 · Specific standards for wetlands
- 260-310 · Failure to complete installation
- 260-311 · Tax consequences
- 260-401 · Application for conservation tax credit
- 260-402 · Conditional approval of conservation tax credit
- 260-403 · Committee and director review
- 260-404 · Department of Finance and Administration review
- 260-405 · Limitations
- 260-406 · Recordkeeping
- 260-501 · Availability of credits
- 260-502 · Use of assigned credits