Arkansas § 27-76-104 Exemption from taxation or assessment

Arkansas Statutes

§ 27-76-104 — Exemption from taxation or assessment

Arkansas § 27-76-104

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This text of Arkansas § 27-76-104 (Exemption from taxation or assessment) 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. § 27-76-104 (2026).

Text

(a)A regional mobility authority is exempt from ad valorem property taxation of or assessments on each of the following:

(1)A transportation system;

(2)A transportation project; and (3) Property the regional mobility authority acquires or uses under this chapter for a transportation project or transportation system.

(b)Income from the ownership or operation of the regional mobility authority shall be exempt from state income tax.

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(a) A regional mobility authority is exempt from ad valorem property taxation of or assessments on each of the following: (1) A transportation system; (2) A transportation project; and (3) Property the regional mobility authority acquires or uses under this chapter for a transportation project or transportation system. (b) Income from the ownership or operation of the regional mobility authority shall be exempt from state income tax.