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SR15 • 2026
TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
Taxes
Active
The official status still shows this bill as active or still awaiting another formal step.
- Sponsor
- Crowell
- Last action
- 2026-04-08
- Official status
- Senate -- Sine Die adjournment
- 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 AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
What This Bill Does
- TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL 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 AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
Current Bill Text
Read the full stored bill text
*MBM244* 04/08/2026 2:24:23 PM MBM244
State of Arkansas 1
95th General Assembly 2
Fiscal Session, 2026 SR 15 3
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By: Senator Crowell 5
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SENATE RESOLUTION 8
TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION 9
BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. 10
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Subtitle 13
TO AUTHORIZE THE INTRODUCTION OF A 14
NONAPPROPRIATION BILL TO INCREASE THE 15
HOMESTEAD PROPERTY TAX CREDIT. 16
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BE IT RESOLVED BY THE SENATE OF THE NINETY-FIFTH GENERAL ASSEMBLY OF THE 18
STATE OF ARKANSAS: 19
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THAT Representative Schulz is authorized to introduce a bill which as 21
introduced will read substantially as follows: 22
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"Title 24
AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT; AND FOR OTHER PURPOSES. 25
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Subtitle 27
TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. 28
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 30
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SECTION 1. Arkansas Code § 26-26-1118(a)(1)(A), concerning the 32
homestead property tax credit, is amended to read as follows: 33
(a)(1)(A) There is established a homestead property tax credit for 34
each assessment year that reduces the amount of real property taxes assessed 35
on the homestead of each property owner by six hundred dollars ($600) six 36
SR15
2 04/08/2026 2:24:23 PM MBM244
hundred seventy-five dollars ($675). 1
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SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for 3
assessment years beginning on or after January 1, 2026." 4
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