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AR HB1314
Bill
Status
4/27/2011
Primary Sponsor
James McLean
Click for details
AI Summary
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Surviving spouses of disabled veterans and armed forces members who died during military duty or are missing in action retain homestead and personal property tax exemptions upon remarriage and through subsequent marriages.
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Exemptions are reinstated if a surviving spouse's subsequent marriage is terminated, allowing them to resume the tax benefits.
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Surviving minor dependent children of disabled veterans and service members continue to receive property tax exemptions on homestead and personal property during their minority.
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Amends Arkansas Code § 26-3-306(a)(1)(B) to modify existing property tax exemption provisions for surviving spouses and dependents.
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Effective for tax years beginning on or after January 1, 2011.
Legislative Description
To Allow A Surviving Spouse Of A Disabled Veteran Or Armed Services Member Who Died Within The Scope Of Military Duty To Continue To Receive A Property Tax Exemption Following Remarriage.
Last Action
House Died in House Committee at Sine Die adjournment.
4/27/2011