Arkansas Statutes
§ 26-51-2406 — Projected rehabilitation or development expenditures
Arkansas·Title 26
(a)The projected qualified rehabilitation or development expenditures must occur during a period not to exceed eighteen (18) months.
(b)For the rehabilitation or development of an existing structure, the projected qualified rehabilitation or development expenditures must equal or exceed the adjusted basis of the existing structure, excluding the land, before the qualified rehabilitation or development work begins.
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Arkansas § 26-51-2406 (Projected rehabilitation or development expenditures) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2011, No. 1166, § 1.
Nearby Sections
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