An act TO AMEND THE LAW CONCERNING THE REDEMPTION OF 10 A TAX-DELINQUENT PARCEL, the official text

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

1 State of Arkansas            As Engrossed: H2/20/25
2 95th General Assembly
                                     A Bill

3 Regular Session, 2025                                           HOUSE BILL 1400

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5 By: Representative Richmond

6 By: Senator G. Stubblefield

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8                              For An Act To Be Entitled

9   AN ACT TO AMEND THE LAW CONCERNING THE REDEMPTION OF

10  A TAX-DELINQUENT PARCEL; TO EXEMPT DISABLED VETERANS

11  FROM CERTAIN PENALTIES WHEN REDEEMING A TAX-

12  DELINQUENT PARCEL; AND FOR OTHER PURPOSES.

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15                             Subtitle

16                       TO AMEND THE LAW CONCERNING THE

17                       REDEMPTION OF A TAX-DELINQUENT PARCEL;

18                       AND TO EXEMPT DISABLED VETERANS FROM

19                       CERTAIN PENALTIES WHEN REDEEMING A TAX-

20                       DELINQUENT PARCEL.

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

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24  SECTION 1. Arkansas Code � 26-37-302(a), concerning the payment

25 required to redeem a tax-delinquent parcel, is amended to read as follows:

26  (a) To redeem a tax-delinquent parcel with the county collector or the

27 Commissioner of State Lands or to purchase a tax-delinquent parcel at the

28 Commissioner of State Lands' sale, the redeemer or purchaser of the tax-

29 delinquent parcel shall pay all delinquent taxes, plus:

30  (1) Ten percent (10%) simple interest for each year of

31 delinquency;

32  (2) A Except as provided in subsection (e) of this section, a

33 ten percent (10%) penalty for each year of the delinquency; and

34  (3) The costs incurred by the county and the Commissioner of

35 State Lands.

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    *JLL134*                                                      02-20-2025 10:56:25 JLL134
    As Engrossed: H2/20/25                                      HB1400

1   SECTION 2. Arkansas Code � 26-37-302, concerning the payment required

2 to redeem a tax-delinquent parcel, is amended to add an additional subsection

3 to read as follows:

4   (e)(1) As used in this section, "disabled veteran" means a person

5 described in � 26-3-306(a)(1)(A)(i).

6   (2) A disabled veteran is not subject to the penalty imposed

7 under subdivision (a)(2) of this section when redeeming a tax-delinquent

8 parcel owned by the disabled veteran from the Commissioner of State Lands if

9 the disabled veteran:

10  (A) Submits a letter that meets the requirements stated in

11 � 26-3-306(b)(1)(A) to the Commissioner of State Lands; and

12  (B) Meets all other requirements to redeem the tax-

13 delinquent parcel under � 26-37-310.

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15                          /s/Richmond

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