HB1746

House Bill 1746 amends existing Arkansas law to expand eligibility for state economic development incentives. Specifically, the bill updates the Arkansas Business and Technology Accelerator Act and the Consolidated Incentive Act of 2003 to include businesses that operate combustors and incinerators for the disposal of nonhazardous solid waste. Under the bill, these entities, classified under NAICS code 562213, would qualify for the same economic development benefits and tax incentives currently available to other eligible industries in the state.