(a) Except as provided in subsection (b) of this section, the incentives established by this subchapter may be combined.
(b)
(1) The investment tax credit authorized in § 15-4-2706(c) may not be combined with the sales and use tax refund authorized in § 15-4-2706(d) for the same project.
(2) The job creation tax credits authorized in § 15-4-2709, the sales and use tax refund authorized in § 15-4-2706(e), and the research and development tax credit authorized in § 15-4-2708(c) may be combined with each other but may not be combined with any other incentives authorized in this subchapter during the period in which the business qualifies for benefits under § 15-4-2709.
(3) The job creation tax credit authorized in § 15-4-2705 may not be combined with the investment tax credit authorized in § 15-4-2706(b).
(4) The job creation tax credit authorized in § 15-4-2705 may not be combined with the payroll rebate program authorized in § 15-4-2707.
(5) The investment tax credit authorized in § 15-4-2706(b) may not be combined with the sales and use tax refund authorized in § 15-4-2706(d) for the same project.
(c) The following are discretionary incentives and are not available unless offered by the Arkansas Economic Development Commission:
(1) The payroll rebate program authorized in § 15-4-2707;
(2) The job creation tax credit authorized in § 15-4-2709;
(3) The investment tax credit authorized in § 15-4-2706(b);
(4) The sales and use tax refund authorized in § 15-4-2706(e); and
(5) The research and development tax credit authorized in § 15-4-2708(c).
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