Remove Equity Remove Inventory Remove Metro Remove Railroad
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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. Food processing has a major footprint in Metro Little Rock.

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State by State Incentives Guide

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Inventory is exempt from property tax. Metro: Capital investment of at least $5 million and at least 25 new jobs. million, not to exceed $5,000 per employee trained in metro areas and $8,000 per employee trained in rural areas. That is, for property with a fair market value of $1 million, the assessed value would be $200,000.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Eligibility qualifications are different for rural and metro areas. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The program ends December 2016. Employees must be Arkansas taxpayers.

Income 75