No income, sales, use, ad valorem, or other tax, assessment, or license shall be levied upon or collected with respect to any property which is held by or purchased by a private owner or operator for the public purpose of performing a privatization contract or a service agreement, since the property benefits the public.
Structure Arkansas Code
Chapter 5 - Water Pollution Control Facilities
Subchapter 6 - Arkansas Privatization Act
§ 8-5-606. Privatization contracts generally
§ 8-5-607. Service agreements generally
§ 8-5-608. Privatization contracts and service agreements — Assignment
§ 8-5-609. Privatization contracts, service agreements, etc. — Exemption from certain laws