TO AMEND THE DEFINITION OF "ASSESSED VALUE" FOR PURPOSES OF

Bill

BILL • AR HOUSE

HB 1912

TO AMEND THE DEFINITION OF "ASSESSED VALUE" FOR PURPOSES OF THE ASSESSMENT OF PROPERTY; AND TO ESTABLISH A METHOD OR PROCEDURE FOR THE VALUATION OF PROPERTY FOR TAXATION PURPOSES UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5.

2025

Introduced by Josh Bryant, Robin Lundstrum,

HB 1912 aimed to lower Arkansas property taxes by reducing assessed value from 20% to 15% of appraised value, benefiting homeowners but impacting local revenue.

Died in House Committee at Sine Die adjournment.

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Bill Summary • HB 1912

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TO AMEND THE DEFINITION OF "ASSESSED VALUE" FOR PURPOSES OF THE ASSESSMENT OF PROPERTY; AND TO ESTABLISH A METHOD OR PROCEDURE FOR THE VALUATION OF PROPERTY FOR TAXATION PURPOSES UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5.

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TO AMEND THE DEFINITION OF "ASSESSED VALUE" FOR PURPOSES OF THE ASSESSMENT OF PROPERTY; AND TO ESTABLISH A METHOD OR PROCEDURE FOR THE VALUATION OF PROPERTY FOR TAXATION PURPOSES UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5.

Start the Conversation

Versions

Bill Text & Amendments

Co-Sponsors (2)

Actions

Roll Call Votes

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