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AR HB1034

Bill

Official Source

Status

Failed

4/24/2019

Primary Sponsor

Johnny Rye

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Increases the homestead property tax credit from $350 to $375 per assessment year under Arkansas Code § 26-26-1118(a)(1)(A)
  • The credit reduces the amount of real property taxes assessed on each homeowner's homestead by the increased amount
  • Effective for assessment years beginning on and after January 1, 2019
  • Applies to all property owners with homesteads in Arkansas

Legislative Description

To Increase The Homestead Property Tax Credit.

Last Action

Died on House Calendar at Sine Die Adjournment

4/24/2019

Committee Referrals

Revenue and Taxation1/14/2019

Full Bill Text

No bill text available