- (a) Upon request, the Division of Arkansas State Police shall prepare and issue an eligibility certificate to the investigator detailing the number of hours spent investigating one (1) or more cold cases on behalf of the division in any tax year.
(b)
- (1) The division may only issue eligibility certificates up to a total of twenty-five thousand dollars ($25,000) in each fiscal year.
- (2) Certificates will be issued on a first-come, first-served basis.
- (c) The investigator must attach the certificate to the investigator’s income tax return for the tax year in which the credit is claimed.
- (d) The amount of the income tax credit shall not exceed the amount of income tax due by the investigator in a calendar year.
(e) The certificate must include the following information:
- (1) The taxpayer’s name and Social Security number;
- (2) The date of issuance;
- (3) The amount of credit, including the pro rata share;
- (4) The year to which the tax credit applies;
- (5) The file number; and
- (6) A statement indicating carry-forward for two (2) years following the tax year in which the tax credit was earned.