Order
2025R: HB1599
TO PROVIDE FOR CERTAIN PROPERTY TO BE EXEMPT FROM TAXATION.
Latest action: WITHDRAWN BY AUTHOR
View Bill PDF
Printable PDF for this one bill. It includes the bill number, session, title, and lead or primary sponsors; the latest status; a stored plain-language summary, or the official description if none is stored; your account notes if you choose to include them; every action from oldest to newest; and links to the bill text, act, amendments, and fiscal documents. It does not include campaign finance, committee members, hearings, or vote checklists.
Email this Bill
| Sponsor | Role |
|---|---|
| Torres | lead |
| D. Wallace | primary |
| When | Chamber | Action |
|---|---|---|
| Feb 26, 2025, 1:12 p.m. CT | House | Filed |
| Feb 26, 2025, 5:33 p.m. CT | House | Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE |
| Mar 11, 2025, 8:32 a.m. CT | House | WITHDRAWN BY AUTHOR |
No amendments stored.
Fiscal impact
DFA1 · Mar 6, 2025
Fiscal Impact Statement
Bill: HB1599
Bill Subtitle: TO PROVIDE FOR CERTAIN PROPERTY TO BE EXEMPT FROM TAXATION.
---------------------------------------------------------------------------------------------------------------------------------------
Sponsors:
Rep. Torres and Sen. Wallace
Basic Change:
HB1599 exempts motor vehicles leased by a public charity for a minimum of one year from property
tax.
Under current law, buildings belonging to institutions of purely public charity, the land occupied by
those institutions, and all moneys and credits appropriated to sustaining those institutions, are exempt
from ad valorem tax. HB1599 expands the exemption to include motor vehicles leased by an institution
of public charity for a term of at least 12 months.
HB1599 is effective for assessment years beginning on or after January 1, 2026.
Fiscal Impact:
No impact to state revenues. Counties may see a decrease in property tax collections.
Taxpayer Impact:
A motor vehicle leased by an institution of public charity for a term of at least 12 months would be
exempt from property tax.
Resources Required:
Additional training for county assessors and other personnel may be required.
Time Required:
No votes yet.
✓
No checklist selected.
Choose a checklist or click New checklist.. to create one.
Talking Points
Notes
Team notes
In the News
News stories that mention HB1599, found by bill number and title words and filtered for Arkansas coverage. Checked about every 12 hours for bills people follow.
No news stories found for this bill yet.
Last checked Nov 12, 2026, 3:43 p.m. CT.
AI Summary
Generate an AI summary for this bill.