govt.fyi
Back to HB 1358
Arkansas General Assembly· HB 1358Notification that HB1358 is now Act 174

An act TO MAKE TECHNICAL CORRECTIONS TO TITLE 18 OF 10 THE ARKANSAS CODE CONCERNING PROPERTY, 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 1358

4

5 By: Representatives Gazaway, M. Shepherd

6 By: Senators C. Tucker, J. Bryant

7

8                                    For An Act To Be Entitled

9   AN ACT TO MAKE TECHNICAL CORRECTIONS TO TITLE 18 OF

10  THE ARKANSAS CODE CONCERNING PROPERTY; AND FOR OTHER

11  PURPOSES.

12

13

14                                          Subtitle

15                       TO MAKE TECHNICAL CORRECTIONS TO TITLE

16                       18 OF THE ARKANSAS CODE CONCERNING

17                       PROPERTY.

18

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

20

21  SECTION 1. Arkansas Code � 18-11-110(d), concerning the prohibition on

22 land ownership by a prohibited foreign-party-controlled business, is amended

23 to read as follows to clarify a criminal offense:

24  (d) A prohibited foreign-party-controlled business entity shall that

25 violates this section upon conviction be is guilty of a an unclassified

26 felony punishable by not more than two (2) years' imprisonment in the custody

27 of the Division of Correction or a fine of fifteen thousand dollars

28 ($15,000), or both.

29

30  SECTION 2. Arkansas Code � 18-11-802(8)(B) and (C), concerning the

31 definition of "significant interest" and "substantial control" as used with

32 respect to the foreign ownership of agricultural land, are reenacted to

33 ratify the decision by the Arkansas Code Revision Commission to change

34 references to "subdivision (5)(A)" to "subdivision (5)" in order to correct

35 reference errors.

36                       (B) An interest of thirty-three percent (33%) or more held

    *JLL002*                                                    01/31/2025 10:13:59 AM JLL002
                                                                          HB1358

1 whenever the parties, individuals, or governments referred to in subdivision

2 (5) of this section are acting in concert with respect to the interest even

3 though no single individual, party, or government holds an interest of

4 thirty-three percent (33%) or more; or

5   (C) An interest of fifty percent (50%) or more, in the

6 aggregate, held by parties, individuals, or governments referred to in

7 subdivision (5) of this section even though the individuals, parties, or

8 foreign governments may not be acting in concert.

9

10  SECTION 3. DO NOT CODIFY. CONSTRUCTION AND LEGISLATIVE INTENT.

11  It is the intent of the General Assembly that:

12  (1) The enactment and adoption of this act shall not expressly

13 or impliedly repeal an act passed during the regular session of the Ninety-

14 Fifth General Assembly;

15  (2) To the extent that a conflict exists between an act of the

16 regular session of the Ninety-Fifth General Assembly and this act:

17  (A) The act of the regular session of the Ninety-Fifth

18 General Assembly shall be treated as a subsequent act passed by the General

19 Assembly for the purposes of:

20                          (i) Giving the act of the regular session of the

21 Ninety-Fifth General Assembly its full force and effect; and

22                          (ii) Amending or repealing the appropriate parts of

23 the Arkansas Code of 1987; and

24  (B) Section 1-2-107 shall not apply; and

25  (3) This act shall make only technical, not substantive, changes

26 to the Arkansas Code of 1987.

27

28

29

30

31

32

33

34

35

36

                                          2          01/31/2025 10:13:59 AM JLL002
Every fact on this page links to its source, starting with the official bill record.