WeVote
Log In

Bill

Bill

HB 1400

TO AMEND THE LAW CONCERNING THE REDEMPTION OF A TAX-DELINQUENT PARCEL; AND TO EXEMPT DISABLED VETERANS FROM CERTAIN PENALTIES WHEN REDEEMING A TAX-DELINQUENT PARCEL.

2025 Regular Session Introduced by Marcus Richmond and 1 co-sponsor

Arkansas exempts disabled veterans from penalties when redeeming tax-delinquent properties, lowering redemption costs to preserve homeownership for this population.

Notification that HB1400 is now Act 259
0
WeVote Research Nonpartisan
Bill Summary · HB 1400

Legislative bill overview

HB 1400 modifies Arkansas's tax-delinquent property redemption process and creates a financial exemption for disabled veterans. The bill allows disabled veterans to redeem tax-delinquent properties while waiving certain penalties and fees that would normally apply to all other property owners during the redemption process.

Why is this important

Tax-delinquent property redemption can be financially prohibitive for low-income individuals, and disabled veterans often face compounded economic challenges. This exemption directly reduces the cost barrier for disabled veterans to reclaim their properties, potentially preventing permanent loss of homeownership while recognizing their service-related hardships.

Potential points of contention

  • Revenue impact on local governments: Counties and municipalities that rely on penalty revenues from tax redemptions may experience reduced collection, potentially affecting budget planning
  • Definition and verification burden: The bill requires clear definition of "disabled veteran" eligibility and reliable verification mechanisms to prevent fraud, creating administrative overhead for tax collectors
  • Equity concerns: Exempting only one demographic group raises questions about whether other economically vulnerable populations (elderly, disabled non-veterans) should receive similar protections

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.