HR 1006

1 State of Arkansas
2 95th General Assembly
3 Fiscal Session, 2026  HR 1006
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5 By: Representative Schulz
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8HOUSE RESOLUTION
9TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION
10BILL TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
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13Subtitle
14TO AUTHORIZE THE INTRODUCTION OF A
15NONAPPROPRIATION BILL TO INCREASE THE
16HOMESTEAD PROPERTY TAX CREDIT.
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19 BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL
20 ASSEMBLY OF THE STATE OF ARKANSAS:
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22THAT Representative Schulz is authorized to introduce a bill which as
23 introduced will read substantially as follows:
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25 "Title
26 AN ACT TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT; AND FOR OTHER PURPOSES.
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28 Subtitle
29 TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT.
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31 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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33SECTION 1.     Arkansas Code § 26-26-1118(a)(1)(A), concerning the
34 homestead property tax credit, is amended to read as follows:
35(a)(1)(A)     There is established a homestead property tax credit for
36 each assessment year that reduces the amount of real property taxes assessed
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  HR1006
1 on the homestead of each property owner by six hundred dollars ($600) six
2 hundred seventy-five dollars ($675).
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4      SECTION 2.   EFFECTIVE DATE.   Section 1 of this act is effective for
5 assessment years beginning on or after January 1, 2026."
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