Bill > HB1911

This bill fundamentally changes how property is assessed for tax purposes in Arkansas by removing requirements for property owners to list or report their personal property and shifting the assessment responsibility entirely to county assessors. Specifically, the bill eliminates several existing statutes that required property owners to provide detailed lists of their personal property, complete oaths about their property, and actively participate in the assessment process. Instead, county assessors will now be responsible for determining the value of personal property, using their own investigative methods and available information. The bill modifies numerous sections of Arkansas tax code to replace terms like "listing" property with "assessing" property, effectively transferring the primary assessment burden from property owners to local government officials. Key changes include removing requirements for property owners to provide sworn statements about their property, eliminating penalties for not listing property, and simplifying the assessment process for various types of property including personal property, church-owned property, and utility company assets. The changes will take effect for assessment years beginning on or after January 1, 2026, giving local governments time to adapt to the new assessment procedures.

Government Affairs

https://arkleg.state.ar.us/Bills/Detail?id=hb1911&ddBienniumSession=2025%2F2025R