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HB1103 • 2026

TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

Taxes
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Schulz
Last action
2026-05-01
Official status
House -- Notification that HB1103 is now Act 174
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

What This Bill Does

  • TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

No action history is stored for this bill yet.

Official Summary Text

TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.

Current Bill Text

Read the full stored bill text
Stricken language would be deleted from and underlined language would be added to present law.
*JLL423* 04/21/2026 4:20:27 PM JLL423
State of Arkansas 1
95th General Assembly A Bill 2
Fiscal Session, 2026 HOUSE BILL 1103 3
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By: Representatives Schulz, Hawk, J. Moore, Painter, Wooldridge, Pearce, Steimel, Walker, R. Scott 5
Richardson, Achor, Barnett, Beaty Jr., Beck, Bentley, Breaux, Brooks, A. Brown, M. Brown, Joey Carr, 6
Cavenaugh, Childress, Clowney, C. Cooper, Cozart, Dalby, Duffield, Duke, Eaves, Eubanks, Evans, 7
Gazaway, Gonzales, Gonzales Worthen, Gramlich, Henley, Holladay, Hudson, L. Johnson, Ladyman, 8
Long, Lynch, Maddox, Magie, J. Mayberry, McAlindon, McClure, McCullough, McGrew, B. McKenzie, 9
McNair, S. Meeks, K. Moore, Perry, Pilkington, Puryear, Ray, J. Richardson, Richmond, Rose, Rye, M. 10
Shepherd, Springer, Steele, Vaught, Wardlaw, D. Whitaker, Womack, Wooten 11
By: Senators Crowell, J. Boyd, J. Bryant, Caldwell, A. Clark, B. Davis, Dees, J. Dismang, J. English, 12
Flippo, S. Flowers, Gilmore, K. Hammer, Hester, Hickey, Hill, Irvin, B. Johnson, M. Johnson, B. King, 13
G. Leding, F. Love, M. McKee, R. Murdock, J. Payton, C. Penzo, J. Petty, Rice, J. Scott, Simon, Stone, 14
D. Sullivan, C. Tucker, D. Wallace 15
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For An Act To Be Entitled 17
AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT; 18
AND FOR OTHER PURPOSES. 19
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Subtitle 22
TO INCREASE THE HOMESTEAD PROPERTY TAX 23
CREDIT. 24
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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 § 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 six hundred dollars ($600) six 33
hundred seventy-five dollars ($675). 34
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SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for 36
HB1103

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