Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas HB1534: TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT
Status: Failed, May 5, 2025
What the bill says
An act to be entitled an act to increase the homestead property tax credit; and for other purposes. subtitle to increase the homestead property tax credit.
From the introduced text:
An Act To Be Entitled AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT; AND FOR OTHER PURPOSES. Subtitle TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 26-26-1118(a)(1)(A), concerning the homestead property tax credit, is amended to read as follows: (a)(1)(A) There is established a homestead property tax credit for each assessment year that reduces the amount of real property taxes assessed on the homestead of each property owner by five hundred dollars ($500) six hundred dollars ($600). SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for *JLL231* 02-26-2025 10:08:57 JLL231 As Engrossed: H2/26/25 HB1534 assessment years beginning on or after January 1, 2025. /s/Schulz 02-26-2025 10:08:57 JLL231
Sponsors
- Bart Schulz (R, 28) · primary sponsor
- Steve Crowell (R, 3)
- Brandon Achor (R, 71)
- Wade Andrews (R, 98)
- Lincoln Barnett (D, 63)
- Beaty Jr., Howard (R, 95)
- Mary Bentley (R, 54)
- Harlan Breaux (R, 6)
- Keith Brooks (R, 78)
- Alyssa Brown (R, 41)
- Karilyn Brown (R, 67)
- Matt Brown (R, 55)
Latest actions
- : Died in Senate Committee at Sine Die adjournment.
- : Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
- : Received from the House.
- : Read the third time and passed and ordered transmitted to the Senate.
- : Returned by the Committee Do Pass
- : REPORTED CORRECTLY ENGROSSED
- : Amendment No. 1 read and adopted and the bill ordered engrossed.
- : Placed on second reading for the purpose of amendment.
- : Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
- : Filed
Votes
- House Roll Call #679 (March 20, 2025): 88 yea, 3 nay, passed
- House Roll Call #392 (March 3, 2025): 96 yea, 0 nay, passed
Common questions
- What is HB1534?
- HB1534 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
- What does HB1534 do?
- In its own words: An act to be entitled an act to increase the homestead property tax credit; and for other purposes. subtitle to increase the homestead property tax credit.
- What is the status of HB1534?
- Failed as of May 5, 2025. Latest action: Died in Senate Committee at Sine Die adjournment. (May 5, 2025).
- Who sponsored HB1534?
- Bart Schulz (R, 28), with 11 co-sponsors.
- Where is the official record for HB1534?
- On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=HB1534
Source: official Arkansas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.