Arkansas legislation · 95th General Assembly (2026 Fiscal)
Arkansas HR1006: TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT
Status: Passed both chambers, April 16, 2026
What the bill says
A bill which as introduced will read substantially as follows: "title 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, April 8, 2026:
a bill which as introduced will read substantially as follows: "Title 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 *MBM243* 04/08/2026 9:23:55 AM MBM243 HR1006 on the homestead of each property owner by six hundred dollars ($600) six hundred seventy-five dollars ($675). SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for assessment years beginning on or after January 1, 2026." 04/08/2026 9:23:55 AM MBM243
Sponsors
- Bart Schulz (R, 28) · primary sponsor
Latest actions
- : READ AND ADOPTED.
- : Returned by the Committee Do Pass
- : Read the first time, rules suspended, read the second time and referred to the Committee on HOUSE RULES
- : Filed
Votes
- House Roll Call #1517 (April 16, 2026): 92 yea, 0 nay, passed
Common questions
- What is HR1006?
- HR1006 is a bill in the Arkansas Legislature (95th General Assembly (2026 Fiscal)): TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
- What does HR1006 do?
- In its own words: A bill which as introduced will read substantially as follows: "title 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 HR1006?
- Passed both chambers as of April 16, 2026. Latest action: READ AND ADOPTED. (April 16, 2026).
- Who sponsored HR1006?
- Bart Schulz (R, 28).
- Where is the official record for HR1006?
- On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2026F&measureno=HR1006
Source: official Arkansas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.