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Arkansas General Assembly· HB 1273Notification that HB1273 is now Act 29

An act TO AMEND THE LAW CONCERNING THE REMEDIES 10 AVAILABLE TO THE SECRETARY OF THE DEPARTMENT OF 11 FINANCE AND ADMINISTRATION, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas                 A Bill
2 95th General Assembly

3 Regular Session, 2025                                            HOUSE BILL 1273

4

5 By: Representative Warren

6 By: Senator C. Penzo

7

8                            For An Act To Be Entitled

9            AN ACT TO AMEND THE LAW CONCERNING THE REMEDIES

10           AVAILABLE TO THE SECRETARY OF THE DEPARTMENT OF

11           FINANCE AND ADMINISTRATION; TO AMEND THE LAW

12           CONCERNING THE SUPERIORITY OF A LIEN CREATED BY THE

13           ENTRY OF CERTIFICATE OF INDEBTEDNESS BY THE SECRETARY

14           OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO

15           PROVIDE THAT A LIEN CREATED BY THE ENTRY OF

16           CERTIFICATE OF INDEBTEDNESS BY THE SECRETARY OF THE

17           DEPARTMENT OF FINANCE AND ADMINISTRATION IS NOT

18           SUPERIOR TO A PURCHASE MONEY MORTGAGE; AND FOR OTHER

19           PURPOSES.

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22                                  Subtitle

23                       TO PROVIDE THAT A LIEN CREATED BY THE

24                       ENTRY OF CERTIFICATE OF INDEBTEDNESS

25                       ISSUED BY THE SECRETARY OF THE

26                       DEPARTMENT OF FINANCE AND ADMINISTRATION

27                       IS NOT SUPERIOR TO A PURCHASE MONEY

28                       MORTGAGE.

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30 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

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32  SECTION 1. Arkansas Code � 26-18-701(a)(3)(B), concerning the lien

33 created by the entry of a certificate of indebtedness issued by the Secretary

34 of the Department of Finance and Administration, is amended to read as

35 follows:

36                       (B) This lien is:

    *JLL069*                                                    01/27/2025 3:38:02 PM JLL069
                                                                          HB1273

1   (i) In addition to any other lien existing in favor

2 of the state to secure payment of taxes, applicable interest, penalties, and

3 costs, including any costs the circuit clerk is entitled to receive as

4 provided by law for either the filing or the release of this lien; and

5   (ii) Superior to:

6   (a) Other liens of any type or character,

7 other than a purchase money mortgage, attaching to the property after the

8 date of entry of the certificate of indebtedness on the judgment docket; and

9   (b) All claims of unsecured creditors.

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