Discretionary Incentives

Discretionary incentives are negotiated by the Arkansas Economic Development Commission in highly competitive situations. These include the “Create Rebate” that provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees; “ArkPlus,” a state income tax credit program that provides tax credits of 10% of the total investment in a new location or expansion project and “TBIs,’” which are targeted business incentives designed to help new, knowledge-based businesses in their early years.