Property Tax Assessments - 5-Year Assessment Cycle
Property Tax Reappraisal Moratorium
Ad valorem taxes, reappraisal of Class II and Class III property every three years
Generally revise property tax laws
(Constitutional Amendment) Provides relative to assessment and reappraisal of property for ad valorem tax purposes and establishes a property tax exemption (OR SEE FISC NOTE LF RV)
Require revenue interim committee to make a recommendation about property tax rates
Provide for a property tax deferral loan program
An Amendment To The Arkansas Constitution To Repeal Provisions Concerning The Reappraisal And Reassessment Of Real Property; And To Amend Arkansas Constitution, Amendment 79, Concerning Real Property Taxes.
Allow partial property tax deferral for eligible homeowners
Ad valorem; assessors; changing visual inspection cycle to five years. Effective date.