1. Arkansas Economic Development Commission (AEDC)
  2. Qualified Research Expenditures (QREs)
  3. In-House Research
  4. Targeted Business R&D Tax Credit
  5. Research Area of Strategic Value
  6. University-Based Research
  7. Financial Incentive Agreement
  8. Director of the AEDC
  9. Arkansas Science and Technology Authority (ASTA)
  10. Arkansas Code § 15-4-2708
  11. Consolidated Incentive Act of 2003 (Act 182)
  12. Base Year
  13. Incremental Amount
  14. Qualified R&D Salaries
  15. Qualified Wages
  16. Qualified Services
  17. Qualified Research Program
  18. Qualified Educational Institution
  19. Donation or Sale Below Cost
  20. New Machinery and Equipment
  21. Department of Finance and Administration (DFA)
  22. Income Tax Credit
  23. Taxable Wages and Benefits
  24. Applied Research
  25. Basic Research
  26. Process of Experimentation
  27. Technological in Nature
  28. New or Improved Business Component
  29. Business Component
  30. Qualified Business
  31. Strategic Research and Development
  32. Maximum Tax Credit Cap
  33. Tax Credit Carryforward
  34. In-House Research Facility
  35. New Research Facility
  36. Existing Research Facility
  37. Eligible Expenditures
  38. Project Plan
  39. Contractual Employee
  40. Sellable Credits
  41. Non-Combination Rule
  42. Qualified Research Activities (QRAs)
  43. Four-Part Test (Federal IRC § 41)
  44. Advanced Materials and Manufacturing Systems
  45. Biotechnology, Bioengineering, and Life Sciences
  46. Information Technology Sector
  47. Transportation Logistics Sector
  48. Bio-Based Products
  49. Annual Certification
  50. Net Tax Liability Offset