AR HB1002

Amends Arkansas Code § 26-3-306(b) to clarify requirements for the property tax exemption for disabled veterans, surviving spouses, and minor dependent children.

A letter from the department establishing eligibility for the exemption is required to be submitted only one time, not annually.

Eliminates the requirement for annual resubmission of departmental letters to maintain the exemption.

Effective for assessment years beginning on or after January 1, 2021.