Order

2025R: HB1937 ACT 821

TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT.

Latest action: Notification that HB1937 is now Act 821

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Sponsor	Role
Jean	lead
Stone	primary
Caldwell	cosponsor

When	Chamber	Action
Mar 31, 2025, 4:31 p.m. CT	House	Filed
Mar 31, 2025, 9:16 p.m. CT	House	Read the first time, rules suspended, read the second time and referred to the Committee on AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT- HOUSE
Apr 2, 2025, 2:20 p.m. CT	House	Returned by the Committee with the recommendation that it do pass as amended 1
Apr 3, 2025, 8:34 a.m. CT	House	Placed on second reading for the purpose of amendment.
Apr 3, 2025, 8:34 a.m. CT	House	Amendment No. 1 read and adopted and the bill ordered engrossed.
Apr 3, 2025, 12:28 p.m. CT	House	REPORTED CORRECTLY ENGROSSED
Apr 7, 2025, 2:53 p.m. CT	House	Read the third time and passed and ordered transmitted to the Senate. ·
Apr 7, 2025, 8:15 p.m. CT	Senate	Received from the House.
Apr 7, 2025, 8:16 p.m. CT	Senate	Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
Apr 9, 2025, 1:30 p.m. CT	Senate	Returned by the Committee, with the recommendation that it Do Pass
Apr 14, 2025, 2:27 p.m. CT	Senate	Read the third time and passed. ·
Apr 14, 2025, 2:27 p.m. CT	Senate	Returned to the House as passed.
Apr 14, 2025, 4:13 p.m. CT	House	Returned from the Senate as passed.
Apr 14, 2025, 4:13 p.m. CT	House	TO BE ENROLLED
Apr 15, 2025, 9:16 a.m. CT	House	Correctly enrolled and ordered transmitted to the Governor's Office.
Apr 17, 2025, 3:28 p.m. CT	House	Notification that HB1937 is now Act 821

Meetings

When	Meeting	Video
Apr 2, 2025, 10:00 a.m. CT	House Agriculture and Economic Dev Committee · Committee Room 138	Video Add to Google Calendar Add to Apple Calendar
Apr 7, 2025, 1:30 p.m. CT	House Meeting · House	Video Add to Google Calendar Add to Apple Calendar
Apr 9, 2025, 10:00 a.m. CT	Senate Revenue and Taxation · Old Supreme Court	Video Add to Google Calendar Add to Apple Calendar
Apr 14, 2025, 10:30 a.m. CT	Senate Floor Session · Senate Chamber	Video Add to Google Calendar Add to Apple Calendar

Filed amendments on record: H1 (House) by Jean, filed Apr 2, 2025, 2:19 p.m. CT: Hall of the House of Representatives 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of House Bill 1937 TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, AR.

Number	Chamber	Sponsor	Introduced
H1	House	Jean	Apr 2, 2025, 2:19 p.m. CT

Fiscal impact

DFA1 · Apr 9, 2025

Fiscal Impact Statement Bill: HB1937 Bill Subtitle: TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Rep. Jean Sens. Stone and Caldwell Basic Change: HB1937 (engrossed 4/3/2025) amends the law concerning the assessment of mineral rights for property tax purposes. § 26-26-1110(a) currently provides a definition for "oil well" which includes a well that produces: • Only liquid hydrocarbons; • Liquid hydrocarbons associated with the production of gas; or • Gas associated with the production of liquid hydrocarbons. HB1937 replaces the term "oil well" with the broader term "well" and provides that in addition to the types of wells listed above a "well" also includes a well that produces natural gas or any combination of oil, gas, and other hydrocarbons. Under current law, the value of a well is calculated based on each barrel of oil produced. HB1937 alternatively allows the value to be calculated based on each 1,00

Committee actions

Do Pass · Senate · Apr 9, 2025, 1:30 p.m. CT
Returned by the Committee, with the recommendation that it Do Pass
Do Pass as amended · House · Apr 2, 2025, 2:20 p.m. CT
Returned by the Committee with the recommendation that it do pass as amended 1

Floor roll calls

Senate · RCS 1235

Monday, April 14, 2025 2:27:44 PM · arkleg

34Yea

0Nay

0Not voting

0Present

1Excused

Yea (34)

Excused (1)

Stephanie Flowers (D)

House · RCS 963

Monday, April 7, 2025 2:53:42 PM · arkleg

92Yea

0Nay

7Not voting

1Present

0Excused

Yea (92)

Present (1)

Ryan A. Rose (R)

Not voting (7)

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Last checked Nov 12, 2026, 6:12 p.m. CT.

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