Arkansas legislation · 95th General Assembly (2026 Fiscal)
Arkansas SR15: TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT
Status: Passed both chambers, April 21, 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 on the homestead of each property owner by six hundred dollars ($600) six *MBM244* 04/08/2026 2:24:23 PM MBM244 SR15 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 2:24:23 PM MBM244
Sponsors
- Steve Crowell (R, 3) · primary sponsor
Latest actions
- : Sine Die adjournment
- : Read the third time and adopted.
- : Read the first time, rules suspended, read the second time and placed on the calendar.
- : Filed
Votes
- Senate Roll Call #1494 (April 21, 2026): 34 yea, 0 nay, passed
Common questions
- What is SR15?
- SR15 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 SR15 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 SR15?
- Passed both chambers as of April 21, 2026. Latest action: Sine Die adjournment (April 29, 2026).
- Who sponsored SR15?
- Steve Crowell (R, 3).
- Where is the official record for SR15?
- On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2026F&measureno=SR15
Source: official Arkansas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.