AR HB1255

Changes property tax payment deadline from October 10 to October 15 across multiple Arkansas Code sections governing real property, personal property, and improvement district taxes.

Modifies language in tax collection statutes to clarify district responsibilities for collecting their own taxes and delinquent taxes, replacing "shall no longer not" with "not" and similar grammatical corrections.

Updates tax payment period for personal property and real property taxes to run "between the first business day in March and October 15 inclusive" instead of "third Monday in February to October 10."

Extends deadline for tangible personal property assessment from April 10 to May 31 of each year, with 10% penalty imposed on taxpayers failing to assess or pay by the new dates.

Makes technical corrections throughout including changing references from "State of Arkansas" to "state" and updating statutory cross-references to improve clarity and consistency in tax payment and collection procedures.