ArkansasArkansas sets aside $1.8 billion for county property tax distributions
Starting July 1, 2026, the law provides $1.8 billion for the Treasurer of State to distribute to counties for property tax purposes through June 30, 2027.
What it does
The Treasurer of State has $1.8 billion appropriated for county property tax distributions during the 2026–2027 fiscal year. Actual payments are limited to funds made available by law.
Argument forThe appropriation could help counties receive property tax funds for redistribution under Amendment 74.
Argument againstBecause payments depend on money made available by law, counties might receive less than the amount appropriated for distribution.
More detail
The law appropriates $1.8 billion to the Treasurer of State for distribution to counties. The money is for property tax funds distributed to counties as required by Amendment 74 to the Arkansas Constitution. Payments are limited to the appropriation and funds made available by law. The Treasurer must follow applicable state fiscal and procurement rules. The appropriation covers the fiscal year ending June 30, 2027. The law takes effect July 1, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 27Notification that HB1050 is now Act 100Became Law
- Apr 23Correctly enrolled and ordered transmitted to the Governor's Office.To Governor
- Apr 23TO BE ENROLLED
- Apr 23Returned from the Senate as passed.
- Apr 23Returned to the House as Passed.
- Apr 23EMERGENCY CLAUSE ADOPTED
- Apr 23Read the third time and passed.Passed Senate
- Apr 22Read the first time, rules suspended, read the second time and placed on the calendar.Minor
- Apr 22Received from the House.
- Apr 22EMERGENCY CLAUSE ADOPTED
- Apr 22Read the third time and passed and ordered transmitted to the Senate.Passed House
- Apr 22Considered in the Committee of the Whole, and recommended do pass.
- Apr 22RULES SUSPENDED
- Apr 21Returned by the Committee Do PassMinor
- Apr 15REPORTED CORRECTLY ENGROSSED
- Apr 15Amendment No. 1 read and adopted and the bill ordered engrossed.Major
- Apr 15Placed on second reading for the purpose of amendment.
- Apr 8Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEEMinor
- Apr 1FiledIntroduced
Taxes & Budget