Stricken language would be deleted from and underlined language would be added to present law.
Act 330 of the Regular Session
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State of Arkansas As Engrossed: S2/27/25 1
95th General Assembly A Bill 2
Regular Session, 2025 SENATE BILL 263 3
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By: Senators Crowell, J. Boyd, J. Bryant, Caldwell, A. Clark, B. Davis, Dees, J. Dismang, J. English, 5
Flippo, S. Flowers, Gilmore, K. Hammer, Hester, Hill, Irvin, B. Johnson, M. Johnson, G. Leding, F. 6
Love, R. Murdock, J. Payton, C. Penzo, J. Petty, Rice, J. Scott, Stone, G. Stubblefield, D. Sullivan, C. 7
Tucker, D. Wallace 8
By: Representatives Schulz, Achor, Andrews, Barnett, Beaty Jr., Bentley, Breaux, Brooks, A. Brown, K. 9
Brown, M. Brown, N. Burkes, R. Burkes, Joey Carr, Cavenaugh, Childress, Clowney, C. Cooper, Cozart, 10
Crawford, Dalby, Duffield, Duke, Eaton, Ennett, Evans, D. Garner, Gazaway, Gonzales, Gonzales 11
Worthen, Hall, Hawk, Henley, Holcomb, Hollowell, Hudson, Long, Lundstrum, Maddox, Magie, 12
McClure, McCollum, McCullough, McGruder, McNair, J. Moore, K. Moore, Painter, Pearce, Perry, 13
Puryear, Ray, J. Richardson, R. Scott Richardson, Richmond, Rose, Rye, Springer, Steimel, Torres, Tosh, 14
Underwood, Unger, Vaught, Walker, Warren, D. Whitaker, Wing, Wooldridge, Wooten, Barker, Eaves, 15
K. Ferguson, Furman, McAlindon, Milligan 16
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For An Act To Be Entitled 18
AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT; 19
AND FOR OTHER PURPOSES. 20
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Subtitle 23
TO INCREASE THE HOMESTEAD PROPERTY TAX 24
CREDIT. 25
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 27
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SECTION 1. Arkansas Code ยง 26 -26-1118(a)(1)(A), concerning the 29
homestead property tax credit, is amended to read as follows: 30
(a)(1)(A) There is established a homestead property tax credit for 31
each assessment year that reduces the amount of real property taxes assessed 32
on the homestead of each property owner by five hundred dollars ($500) six 33
hundred dollars ($600) . 34
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SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for 36 As Engrossed: S2/27/25 SB263
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assessment years beginning on or after January 1, 2025. 1
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/s/Crowell 3
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APPROVED: 3/18/25 6
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