An act TO AMEND THE LAW CONCERNING THE COLLECTION OF 10 REAL PROPERTY TAXES AND PERSONAL PROPERTY TAXES, the official text

Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas           As Engrossed: H3/10/25
2 95th General Assembly
                                    A Bill

3 Regular Session, 2025                                           HOUSE BILL 1274

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5 By: Representative Warren

6 By: Senator C. Penzo

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8                            For An Act To Be Entitled

9            AN ACT TO AMEND THE LAW CONCERNING THE COLLECTION OF

10           REAL PROPERTY TAXES AND PERSONAL PROPERTY TAXES; TO

11           ALLOW A TITLE INSURANCE AGENT, TITLE INSURER, OR

12           TITLE COMPANY TO PAY REAL PROPERTY TAXES IN

13           CONJUNCTION WITH THE ISSUANCE OF A TITLE; AND FOR

14           OTHER PURPOSES.

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17                            Subtitle

18                       TO ALLOW A TITLE INSURANCE AGENT, TITLE

19                       INSURER, OR TITLE COMPANY TO PAY REAL

20                       PROPERTY TAXES IN CONJUNCTION WITH THE

21                       ISSUANCE OF A TITLE.

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

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25  SECTION 1. Arkansas Code � 26-35-601(b), concerning the collection of

26 personal property taxes with real estate taxes, is amended to read as

27 follows:

28  (b) Any Except as provided in subdivisions (c)(2)-(4) of this section,

29 a county collector knowingly accepting payment of general real estate taxes

30 without requiring the payment of personal property taxes due as reflected by

31 the records in the county collector's office shall be deemed guilty of a

32 violation and upon conviction shall be fined in a sum not less than twenty-

33 five dollars ($25.00) nor more than one hundred dollars ($100).

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35  SECTION 2. Arkansas Code � 26-35-601(c)(3), concerning the collection

36 of personal property taxes with real estate taxes, is amended to read as

    *JLL088*                                                      03-10-2025 11:14:09 JLL088
    As Engrossed: H3/10/25                                                 HB1274

1 follows:

2           (3)(A) Notwithstanding the other provisions of this section, a

3 county collector shall accept payment of general real estate taxes on a

4 parcel of property at the time the ownership of the property is being

5 transferred if the taxpayer transferring title to the property has paid all

6 delinquent personal property taxes.

7           (B)(i) A county collector who receives a written or

8 electronically delivered request from a person or entity facilitating the

9 closing of a real estate transaction for a statement of all real estate taxes

10 owed for the parcel or parcels being conveyed and any related delinquent

11 personal property taxes owed by the owner of the parcel or parcels being

12 conveyed shall respond in writing or by electronic mail within three (3)

13 business days of receiving the request.

14                          (ii) If a county collector fails to comply with

15 subdivision (c)(3)(B)(i) of this section, he or she shall accept the payment

16 of the real estate taxes due on the parcel or parcels that were the subject

17 of the request under subdivision (c)(3)(B)(i) of this section without

18 requiring the payment of any related personal property taxes.

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20                          /s/Warren

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