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2001 vol. 1 bk. 5 4884 (2001)

handle is hein.ssl/ssar0005 and id is 1 raw text is: AcTs OF ARKANSAS ACT 1284 AN ACT TO AMEND THE ARKANSAS EMERG- ING ENERGY TECHNOLOGY ACT TO ADD TECHNOLOGIES ELIGIBLE FOR TAX BEN- EFITS; TO EXTEND THE CARRYFORWARD ON INCOME TAX CREDITS EARNED; TO CLARIFY THE BENEFIT OF FACILITIES AND EQUIPMENT; TO ADD DEFINITIONS; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE ARKANSAS EMERGING EN- ERGY TECHNOLOG: ACT. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code 15-4-2101 is amend- ed to read as follows: 15-4-2101. Title. This subchapter shall be known and may be cited as the Arkansas Emerging Ener- Technology Devel- opment Act of 1999. SECTION 2. Arkansas Code 15-4-2102 is amend- ed to read as follows: 15-4-2102. Legislative Findings. (a) All sectors of the Arkansas economy, job cre- ation potential, and the physical environment are driv- en by the flow of energy and the non-stop emergence of new technologies. in. r economy and society, wxhich in turn is hea.4y influcnced by the level and us o ner technology. Encrgy technology plays 1an esentalrole in he efnficient e-n- ,lsumption lla i utilization of energy resources, ho,,as drm ra,,tic impacts onAll itio ad natcal eon o and can help to Additions are Indicated by underline; deletions by strikeoi 4884 Act 1284