Ark. Const. art. AMENDMENTS TO THE CONSTITUTION OF ARKANSAS OF 1874 § Amend. 27 Exempting New Manufacturing Establishment From Taxation

• Library: Constitution of the State of Arkansas
• Edition: 2020 Edition
• Currency: Current through the November 2020 General Election
• Citation: Ark. Const. art. AMENDMENTS TO THE CONSTITUTION OF ARKANSAS OF 1874 § Amend. 27

The Governor and the Agricultural and Industrial Commission (or the agency created by law to assist in the industrial development of Arkansas) may investigate and contract with the owners of any new manufacturing or processing establishment to be located in the State, or owners making addition or additions to any manufacturing or processing establishment already located in the State, for the exemption from State property taxation of any such new manufacturing or processing establishment, or any addition or additions to any such existing manufacturing or processing establishment, upon such terms and condit...