- (a) Acts 1985, No. 469, as amended and codified at Arkansas Code § 26-51-1101 et seq., was created to encourage the donation of machinery and equipment to accredited educational institutions for use in qualified educational programs or qualified research programs by providing an income tax credit incentive to entities making the donation.
- (b) Acts 2019, No. 203, amended the program to allow a taxpayer that makes a cash donation to a qualified educational institution for the purchase of new machinery and equipment to receive a tax credit.
(c) For more information, please contact: Arkansas Economic Development Commission Business Finance Division 1 Commerce Way, Suite 601 Little Rock, AR 72202
- (501) 682-1121