All Roll Calls
Yes: 124 • No: 4
ArkansasHB18942025 Regular SessionHouse
TO ESTABLISH A METHOD OF VALUATION FOR REAL PROPERTY USED FOR AFFORDABLE HOUSING; AND TO ESTABLISH A METHOD OF VALUATION FOR CERTAIN REAL PROPERTY UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5.
Sponsored By: Howard M. Beaty, Jr. (Republican), Ben Gilmore (Republican)
Enacted
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
New valuation rules for affordable housing properties
Arkansas’s Assessment Coordination Division must set fair property assessment rules that account for government rent limits, operating requirements, and other restrictions. Covered properties must have restrictions tied to federal low-income housing tax credit eligibility, construction using HUD’s HOME program, or construction using USDA incentives under 42 U.S.C. § 1485. The division must submit proposed rules early enough for Legislative Council review before January 1, 2026. Initial final rules must be filed with the Secretary of State by January 1, 2026. If required legislative approval is not complete by then, filing must occur as soon as practicable after approval. The law does not set a valuation formula or guarantee lower property taxes or rents.
Sponsors & Cosponsors
Sponsors
Howard M. Beaty, Jr.
Republican • House
Ben Gilmore
Republican • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 4/14/2025
Senate Vote - Monday, April 14, 2025 3:18:28 PM
Yes: 32 • No: 1
House vote • 4/9/2025
House Vote - Wednesday, April 9, 2025 2:47:52 PM
Yes: 92 • No: 3 • Other: 2
Actions Timeline
Notification that HB1894 is now Act 842
4/17/2025HouseCorrectly enrolled and ordered transmitted to the Governor's Office.
4/15/2025HouseTO BE ENROLLED
4/14/2025HouseReturned from the Senate as passed.
4/14/2025HouseReturned to the House as passed.
4/14/2025SenateRead the third time and passed.
4/14/2025SenateReturned by the Committee, with the recommendation that it Do Pass
4/10/2025SenateRead first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
4/9/2025SenateReceived from the House.
4/9/2025SenateRead the third time and passed and ordered transmitted to the Senate.
4/9/2025HouseREPORTED CORRECTLY ENGROSSED
4/8/2025HouseAmendment No. 1 read and adopted and the bill ordered engrossed.
4/8/2025HousePlaced on second reading for the purpose of amendment.
4/8/2025HouseReturned by the Committee with the recommendation that it do pass as amended 1
4/7/2025HouseRead the first time, rules suspended, read the second time and referred to the Committee on CITY, COUNTY & LOCAL AFFAIRS COMMITTEE- HOUSE
3/31/2025HouseFiled
3/31/2025House
Bill Text
HB1894 - Introduced
3/31/2025
Act Version
Related Bills
HB1265, AN ACT FOR THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK APPROPRIATION FOR THE 2025-2026 FISCAL YEAR.
HB1237, TO PROHIBIT MEDICAL PROFESSIONALS FROM SOLICITING INJURED INDIVIDUALS; AND TO SET PENALTIES FOR A VIOLATION OF THE PROHIBITION OF SOLICITATION OF INJURED INDIVIDUALS.
HB1686, TO AMEND THE LAW CONCERNING LICENSES TO CARRY CONCEALED HANDGUNS.
SB440, TO AMEND THE LAW CONCERNING EMBALMERS AND FUNERAL DIRECTORS; TO REGULATE THE USE OF ALKALINE HYDROLYSIS; AND TO REGULATE ALKALINE HYDROLYSIS FACILITIES.
HB1695, TO CLARIFY THE FORECLOSURE PROCESS FOR PROPERTY SUBJECT TO A MUNICIPAL LIEN; TO ALLOW A MUNICIPALITY TO PETITION TO SET ASIDE THE SALE OF PROPERTY TO CERTAIN PERSONS; AND TO PROVIDE FOR THE PRIORITY OF UNRECORDED MUNICIPAL LIENS.
HR1012, TO AMEND THE RULES OF THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL ASSEMBLY; TO REQUIRE THAT A MEMBER OF THE HOUSE OF REPRESENTATIVES BE SELECTED AS A DESIGNATED SURVIVOR.