15 CAR § 150-103
New market tax credits against state premium tax liabilities under Arkansas Code §§ 23-63-102 and 26-57-601 – 26-57-605, excluding any liability for taxes on health insurance premiums, are earned by entities making qualified equity investments, as certified by the Arkansas Economic Development Commission, in QCDEs.
Codification Notes: "QCDE" means qualified community development entity.