26 CAR § 71-101. Introduction

(a) Acts 2007, No. 518, The Delta Geotourism Incentive Act of 2007, creates financial incentives to promote economic development in economically distressed areas of the Lower Mississippi River Delta through geotourism. (b) This incentive program provides a limited rural income tax credit to persons and entities that invest in geotourism-supporting businesses that: (1) Attract and accommodate out-of-state visitors; and (2) Serve to preserve, perpetuate, interpret, and present the rich culture, history, and natural resources of the Lower Mississippi River Delta community. (c) This part has been amended to reflect the changes made by Acts 2009, No. 349, and Acts 2009, No. 1192, which allow for geotourism tax credits to be sold, transferred, or assigned to recipients both within the Lower Mississippi River Delta and outside of that community, and other changes.