- (a) Tax incentives and credits are needed to encourage the implementation and management of integrated irrigation water conservation practices.
- (b) The Arkansas Natural Resources Commission will set goals to be achieved for integrated irrigation water management and conservation practices.
(c) The commission will evaluate the effectiveness of the existing tax credits and incentives and, based on this assessment, consider recommending that the General Assembly:
- (1) Increase the percentage of the total project cost available for tax credits based on applicants improving their irrigation water use efficiency compared with the goal or target efficiency;
- (2) Extend the period for claiming tax credits for implementing water conservation practices; and
- (3) Increase the annual cap on tax credits so additional tax credits can be claimed.
- (d) The commission will track the acreage on which water conservation practices have been implemented.