1. (a) Grantees acquiring property associated with ACEDP projects must comply with all applicable federal and state laws, including, but not necessarily limited to:

   1. (1) The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, 42 U.S.C. §§ 4601 et seq.;
   2. (2) Section 104(d) of the Housing and Community Development Act of 1974;
   3. (3) United States Department of Transportation regulations published in 49 C.F.R. pt. 24;
   4. (4) United States Department of Housing and Urban Development regulations published in 24 C.F.R. § 570.488; and
   5. (5) Arkansas Code § 18-15-101 et seq.
2. (b) Although this issue is not tracked by the Arkansas Natural Resources Commission, grantees are advised that Internal Revenue Service Form 1099 is required for acquisition payments of six hundred dollars ($600) or greater.

Codification Notes: Section 104(d) of the Housing and Community Development Act of 1974 is codified at 42 U.S.C. § 5304(d).