Difference between revisions of "Arkansas Enterprise Zone Act"

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(New page: '''Arkansas Enterprise Zone Act (Advantage Arkansas)''' is a law that creates investment incentives for Arkansas communities that are experiencing elevated levels of poverty and unemployme...)
 
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'''Arkansas Enterprise Zone Act (Advantage Arkansas)''' is a law that creates investment incentives for Arkansas communities that are experiencing elevated levels of poverty and unemployment.
 
'''Arkansas Enterprise Zone Act (Advantage Arkansas)''' is a law that creates investment incentives for Arkansas communities that are experiencing elevated levels of poverty and unemployment.
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The [[Clinton Foundation]] applied for tax breaks under the Arkansas Enterprise Zone Act in 2002, but  found its application for $2-3 million in incentives initially denied by the [[Arkansas Deparment of Economic Development]] (ADED) because the [[Clinton Library]] was a nonprofit entity. The money requested involved reimbursements for taxes paid on Library building materials. Pulaski County Circuit Judge [[Willard Proctor Jr.]] reversed the decision of the ADED in 2004.
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==References=
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Rob Moritz, "Clinton Library's Economic Benefits Exceed Tax Break, Rutherford Says," Arkansas News Bureau, Oct 7, 2005.
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==External links==

Revision as of 23:17, 18 December 2007

Arkansas Enterprise Zone Act (Advantage Arkansas) is a law that creates investment incentives for Arkansas communities that are experiencing elevated levels of poverty and unemployment.

The Clinton Foundation applied for tax breaks under the Arkansas Enterprise Zone Act in 2002, but found its application for $2-3 million in incentives initially denied by the Arkansas Deparment of Economic Development (ADED) because the Clinton Library was a nonprofit entity. The money requested involved reimbursements for taxes paid on Library building materials. Pulaski County Circuit Judge Willard Proctor Jr. reversed the decision of the ADED in 2004.

=References

Rob Moritz, "Clinton Library's Economic Benefits Exceed Tax Break, Rutherford Says," Arkansas News Bureau, Oct 7, 2005.

External links