Arkansas Statutes

§ 15-72-1003 — Tax incentives - Increased volume by new research technology

Arkansas § 15-72-1003

This text of Arkansas § 15-72-1003 (Tax incentives - Increased volume by new research technology) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 15-72-1003 (2026).

Text

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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Legislative History

Acts 1995, No. 1093, § 4.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-72-1003, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-72-1003.