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15-72-1003. Tax incentives — Increased volume by new research technology.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-72-1003. Tax incentives — Increased volume by new research technology.
If the utilization of new research technology results in the increased production of crude oil by an active field, as established by the Oil and Gas Commission, then the total quantity of the incremental increase in crude oil produced as a result of the new technology shall be exempt from severance tax.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-72-1003
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:15-72-1003
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f77f8a44ce51377479fb3e571f3f7591f37e98ab3f2fab199ab1ab37693cf98e
Source location: content.xml paragraph 24924
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15-72-1003. Tax incentives — Increased volume by new research technology.
If the utilization of new research technology results in the increased production of crude oil by an active field, as established by the Oil and Gas Commission, then the total quantity of the incremental increase in crude oil produced as a result of the new technology shall be exempt from severance tax.
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