Ark. Code § 8-5-611

Current with legislation from 2024 Fiscal and Special Sessions.
Section 8-5-611 - Tax exemption

No income, sales, use, ad valorem, or other tax, assessment, or license shall be levied upon or collected with respect to any property which is held by or purchased by a private owner or operator for the public purpose of performing a privatization contract or a service agreement, since the property benefits the public.

Ark. Code § 8-5-611

Acts 1985, No. 690, § 7; A.S.A. 1947, § 82-1992.6.