Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas HB1072: TO CLARIFY THE REQUIREMENTS FOR ESTABLISHING ELIGIBILITY FOR THE PROPERTY TAX EXEMPTION FOR DISABLED VETERANS, SURVIVING SPOUSES, AND MINOR DEPENDENT CHILDREN
Status: Chaptered, April 17, 2025
What the bill says
An act to be entitled an act to amend the law concerning the property tax exemption for disabled veterans, surviving spouses, and minor dependent children; to clarify the requirements for establishing eligibility for the property tax exemption for disabled veterans, surviving spouses, and minor dependent children; and for other purposes. subtitle to clarify the requirements for establishing eligibility for the property tax exemption for disabled veterans, surviving spouses, and minor dependent children.
From the introduced text:
An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING THE PROPERTY TAX EXEMPTION FOR DISABLED VETERANS, SURVIVING SPOUSES, AND MINOR DEPENDENT CHILDREN; TO CLARIFY THE REQUIREMENTS FOR ESTABLISHING ELIGIBILITY FOR THE PROPERTY TAX EXEMPTION FOR DISABLED VETERANS, SURVIVING SPOUSES, AND MINOR DEPENDENT CHILDREN; AND FOR OTHER PURPOSES. Subtitle TO CLARIFY THE REQUIREMENTS FOR ESTABLISHING ELIGIBILITY FOR THE PROPERTY TAX EXEMPTION FOR DISABLED VETERANS, SURVIVING SPOUSES, AND MINOR DEPENDENT CHILDREN. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 26-3-306(b), concerning establishing eligibility for a property tax exemption for disabled veterans, surviving spouses, and minor dependent children using documentation provided by the Department of Veterans Affairs, is amended to add an additional subdivision to read as follows: (3)(A) A letter from the department required under this subsection is required to be submitted only one (1) time to establish eligibility for the exemption provided under this section. (B) Annual submission of a letter from the department is not required. *JLL083* 04-03-2025 09:25:32 JLL083 As Engrossed: H3/19/25 S4/3/25 HB1072 (C) A taxpayer who has previously submitted a letter under this subsection shall notify the county collector if: (i) There has been a legal change in the status of the taxpayer and the taxpayer no longer qualifies for the exemption provided under this …