Bill
HB 1937
TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT.
2025 Regular Session
Introduced by Ron Caldwell and 2 co-sponsors
HB 1937 modernizes Arkansas mineral rights valuation, ensuring fair property tax assessments for oil and gas production, impacting owners and county assessors starting 2025.
Notification that HB1937 is now Act 821