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Clinton Foundation Asks Judge To Rule In Their Favor

By: Import User
Updated: January 7, 2009
The Clinton Presidential Foundation is asking a judge to rule immediately in its favor in a lawsuit against the Arkansas Department of Economic Development. In 2002, the state denied an income tax credit to the nonprofit foundation -- which is building the 160 million dollar Clinton Presidential Center, with its library and museum set to open next November. The foundation sought three-point-five million in reimbursements for building materials under the Advantage Arkansas Program. The state economic development director at the time, Jim Pickens, said the library didn`t qualify because it`s not a business. The foundation argues that the law does not address nonprofit organizations. Pickens has since asked legislators to consider revamping the law that created the Advantage Arkansas Program to ensure nonprofits are included under certain circumstances.

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