Arkansas Code
Subchapter 2 - Tax Credits for Certain Oil and Gas Producers
§ 26-58-204. Severance tax credit for oil producer

An oil producer in this state who provides for the disposition of salt water produced in the production of oil from oil wells of the oil producer in this state by means of an approved underground saltwater disposal system shall be allowed a severance tax credit on all oil produced by the saltwater-producing oil wells in the amount and in the method provided in this subchapter.