AR HB1562

Property owners appealing personal property tax assessments must pay to the county collector the amount they claim is owed and deposit the disputed difference into the circuit court registry.

Property owners appealing real property tax assessments must pay the least of: (1) taxes on the undisputed portion of taxable value, (2) taxes under the court order being appealed, or (3) taxes based on the previous year's assessment.

Property owners may request a waiver of payment if they file a sworn affidavit demonstrating the payment would constitute an unreasonable restraint on their right of access to courts, subject to circuit court approval.

Property owners appealing solely on exemption grounds under Arkansas Constitution Article 16, § 5 are not required to pay any taxes during the appeal and cannot be found delinquent during pendency of appeal.

Taxpayers have 30 days after final disposition of an appeal to pay any remaining taxes owed without penalty or interest, and overpayments are refunded by court order.