Order
Arkansas Trades & Industry Association
Kill
2025R: HJR1012
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.
Latest action: Died in House Committee at Sine Die adjournment.
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| Sponsor | Role |
|---|---|
| R. Scott Richardson | lead |
| When | Chamber | Action |
|---|---|---|
| Feb 10, 2025, 3:16 p.m. CT | House | Filed |
| Feb 10, 2025, 5:14 p.m. CT | House | Read the first time, rules suspended, read the second time and referred to the Committee on STATE AGENCIES & GOVT'L AFFAIRS- HOUSE |
| May 5, 2025, 9:49 a.m. CT | House | Died in House Committee at Sine Die adjournment. |
Meetings
| When | Meeting | Video |
|---|---|---|
| Mar 10, 2025, 2:30 p.m. CT | House State Agencies - Governmental Affairs Committee · Committee Room 151 | Video Add to Google Calendar Add to Apple Calendar |
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Fiscal impact
DFA1 · Mar 10, 2025
Fiscal Impact Statement
Bill: HJR1012
Bill Subtitle: 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.
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Sponsor:
Rep. R. Scott Richardson
Basic Change:
HJR1012 proposes a constitutional amendment to amend Amendment 79, §§ 1, 2, and 4, and to
repeal and replace Article 16, § 14 of the Arkansas Constitution. Under HJR1012, the assessed value
of real property would be fixed unless the property is conveyed, newly constructed, substantially
improved, or the use of the real property changes.
Amendment 79 currently limits the annual increase in the taxable value of real property. The limit is 5%
for homestead property and 10% for non-homestead property. Amendment 79 also provides that the
taxable value of a homestead used by a disabled person or a person 65 years of age or older is
assessed at the lower of the assessed value of the home as of the date of purchase or construction,
the date the person be
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Last checked Nov 12, 2026, 6:45 p.m. CT.
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