Exemption of sales of natural gas and electricity

Sales of natural gas and electricity to taxpayers qualified under § 26-52-912(1) or § 26-52-912(2) for use in connection with the steel mill shall be exempt from: (1) The Arkansas gross receipts tax levied by this chapter; (2) The Arkansas compensating use tax levied by 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 1991, No. 136, § 4; 1991, No. 137, § 4; 2009, No. 655, § 27. Sales of natural gas and electricity to taxpayers qualified under § 26-52-912(1) or § 26-52-912(2) for use in connection with the steel mill shall be exempt from: (1) The Arkansas gross receipts tax levied by this chapter; (2) The Arkansas compensating use tax levied by 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 1991, No. 136, § 4; 1991, No. 137, § 4; 2009, No. 655, § 27.