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Arkansas General Assembly· SB 263Notification that SB263 is now Act 330

An act TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT, 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               As Engrossed: S2/27/25
2 95th General Assembly
                                        A Bill

3 Regular Session, 2025                                          SENATE BILL 263

4

5 By: Senators Crowell, J. Boyd, J. Bryant, Caldwell, A. Clark, B. Davis, Dees, J. Dismang, J. English,

6 Flippo, S. Flowers, Gilmore, K. Hammer, Hester, Hill, Irvin, B. Johnson, M. Johnson, G. Leding, F.

7 Love, R. Murdock, J. Payton, C. Penzo, J. Petty, Rice, J. Scott, Stone, G. Stubblefield, D. Sullivan, C.

8 Tucker, D. Wallace

9 By: Representatives Schulz, Achor, Andrews, Barnett, Beaty Jr., Bentley, Breaux, Brooks, A. Brown, K.

10 Brown, M. Brown, N. Burkes, R. Burkes, Joey Carr, Cavenaugh, Childress, Clowney, C. Cooper, Cozart,

11 Crawford, Dalby, Duffield, Duke, Eaton, Ennett, Evans, D. Garner, Gazaway, Gonzales, Gonzales

12 Worthen, Hall, Hawk, Henley, Holcomb, Hollowell, Hudson, Long, Lundstrum, Maddox, Magie,

13 McClure, McCollum, McCullough, McGruder, McNair, J. Moore, K. Moore, Painter, Pearce, Perry,

14 Puryear, Ray, J. Richardson, R. Scott Richardson, Richmond, Rose, Rye, Springer, Steimel, Torres, Tosh,

15 Underwood, Unger, Vaught, Walker, Warren, D. Whitaker, Wing, Wooldridge, Wooten, Barker, Eaves,

16 K. Ferguson, Furman, McAlindon, Milligan

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18                                For An Act To Be Entitled

19  AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT;

20  AND FOR OTHER PURPOSES.

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23                                           Subtitle

24                       TO INCREASE THE HOMESTEAD PROPERTY TAX

25                       CREDIT.

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

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29  SECTION 1. Arkansas Code � 26-26-1118(a)(1)(A), concerning the

30 homestead property tax credit, is amended to read as follows:

31  (a)(1)(A) There is established a homestead property tax credit for

32 each assessment year that reduces the amount of real property taxes assessed

33 on the homestead of each property owner by five hundred dollars ($500) six

34 hundred dollars ($600).

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36  SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for

    *JLL213*                                                     02-27-2025 13:06:49 JLL213
    As Engrossed: S2/27/25                                 SB263

1 assessment years beginning on or after January 1, 2025.

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3                           /s/Crowell

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Every fact on this page links to its source, starting with the official bill record.