Exemption from taxes

Sales of natural gas and electricity to taxpayers qualified under § 26-52-902 for use in connection with the steel mill shall be exempt from: (1) The gross receipts tax levied by this chapter; (2) The Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.; and (3) Any other state or local tax administered under this chapter or the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq. Acts 1987, No. 48, § 4; 1987, No. 575, § 2. Sales of natural gas and electricity to taxpayers qualified under § 26-52-902 for use in connection with the steel mill shall be exempt from: (1) The gross receipts tax levied by this chapter; (2) The Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.; and (3) Any other state or local tax administered under this chapter or the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq. Acts 1987, No. 48, § 4; 1987, No. 575, § 2.