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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

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