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Arkansas Legislation Would Create State Version of OZ Incentive

Wednesday, February 20, 2019 - 9:30AM

Legislation passed by both houses of the Legislature in Arkansas Tuesday would create a state incentive to match the federal opportunity zones incentive. SB 196 would mirror the federal provisions for capital gains while computing state income tax liability. Gov. Asa Hutchinson can now sign or veto the bill. Without a veto, it becomes law in five days.

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