AR HB1680

Creates the Arkansas Private Lands Conservation Income Tax Credit Act allowing taxpayers to claim income tax credits up to $10,000 per year for completing approved conservation practices on private land in Arkansas.

Establishes the Arkansas State Game and Fish Commission authority to certify eligible conservation practices including winter-flooded rice fields, prescribed fire, timber stand improvement, invasive plant control, and public access expansion, with assigned monetary values for each practice.

Caps total certifications of completion at $15,000,000 per fiscal year, with unused credits carryable forward for 10 consecutive tax years and freely transferable between taxpayers.

Allows the commission to charge application processing fees not exceeding 2.5% of the credit amount or 0.75% of transferred credits, with fees deposited to the Game Protection Fund for program administration.

Sunsets the program on December 31, 2033, with the commission ceasing to accept new applications after June 30, 2033, though previously approved credits may continue to be claimed until exhausted.