# Arkansas HB1960: TO PROVIDE THAT THE LESSEE OF A LEASED MOTOR VEHICLE IS THE OWNER FOR PURPOSES OF THE ASSESSMENT AND PAYMENT OF PROPERTY TAXES; AND TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES ON CERTAIN TANGIBLE PERSONAL PROPERTY.

Arkansas HB1960, TO PROVIDE THAT THE LESSEE OF A LEASED MOTOR VEHICLE IS THE OWNER FOR PURPOSES OF THE ASSESSMENT AND PAYMENT OF PROPERTY TAXES; AND TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES ON CERTAIN TANGIBLE PERSONAL PROPERTY., is a 2025 Regular Session House bill sponsored by Matt Stone (Republican), Jeff Wardlaw (Republican); status enacted, last action 2025-04-22 (Notification that HB1960 is now Act 1013); PRIA reads it as touching household money (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/AR-HB1960-2025
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Arkansas HB1960
- State: Arkansas
- Session: 2025 Regular Session
- Title: TO PROVIDE THAT THE LESSEE OF A LEASED MOTOR VEHICLE IS THE OWNER FOR PURPOSES OF THE ASSESSMENT AND PAYMENT OF PROPERTY TAXES; AND TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES ON CERTAIN TANGIBLE PERSONAL PROPERTY.
- Status: enacted
- Chamber: House
- Introduced: 2025-04-01
- Last action: 2025-04-22, Notification that HB1960 is now Act 1013
- Sponsors: Matt Stone (Republican), Jeff Wardlaw (Republican)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 3 (221 yes, 5 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Vehicle lessees must pay property taxes: cost, low. Beginning with the 2025 assessment year, Arkansas treats vehicle lessees as owners for property tax assessment and payment. This applies when the lease contract allows use for more than 30 days. Lessees must list the vehicle with the required county assessor during the annual January 1–May 31 asses…
- Local tax caps for buyers and lessees: mixed, low. Covered Arkansas local sales and use taxes apply only to the first $2,500 of a sale or lease price. Covered property includes motor vehicles, aircraft, watercraft, modular homes, manufactured homes, and mobile homes. For installment sales or leases, the limit applies to all payments combined, not s…

## Sponsors and cosponsors

- Sponsor: Matt Stone (Republican), Senate
- Sponsor: Jeff Wardlaw (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-15 | House | House Vote - Tuesday, April 15, 2025 3:12:00 PM | pass | 97 | 0 |   |
| 2025-04-14 | Senate | Senate Vote - Monday, April 14, 2025 3:39:29 PM | pass | 25 | 5 | 3 |
| 2025-04-09 | House | House Vote - Wednesday, April 9, 2025 2:50:48 PM | pass | 99 | 0 |   |

## Actions (19)

- 2025-04-22: Notification that HB1960 is now Act 1013 (House)
- 2025-04-16: Correctly enrolled and ordered transmitted to the Governor's Office. (House)
- 2025-04-15: TO BE ENROLLED (House)
- 2025-04-15: Senate amendment # 1 read and concurred in. (House)
- 2025-04-14: Returned from Senate as passed, as amended # 1 (House)
- 2025-04-14: Returned to the House as passed as amended # 1 . (Senate)
- 2025-04-14: Read the third time and passed. (Senate)
- 2025-04-10: Returned by the Committee, with the recommendation that it Do Pass (Senate)
- 2025-04-09: Re-referred to REVENUE & TAX - SENATE (Senate)
- 2025-04-09: REPORTED CORRECTLY ENGROSSED (Senate)
- 2025-04-09: Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed. (Senate)
- 2025-04-09: Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 1 (Senate)
- 2025-04-09: Rules suspended. (Senate)
- 2025-04-09: Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE (Senate)
- 2025-04-09: Received from the House. (Senate)
- 2025-04-09: Read the third time and passed and ordered transmitted to the Senate. (House)
- 2025-04-08: Returned by the Committee Do Pass (House)
- 2025-04-01: Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE (House)
- 2025-04-01: Filed (House)

## Bill text

- HB1960 - Introduced, 2025-04-01: [PDF](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FHB1960.pdf)
- Act Version: [PDF](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=1013.pdf&ddBienniumSession=2025%2F2025R)

## Related bills

- HB1265: AN ACT FOR THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK APPROPRIATION FOR THE 2025-2026 FISCAL YEAR. (enacted)
- HB1686: TO AMEND THE LAW CONCERNING LICENSES TO CARRY CONCEALED HANDGUNS. (failed)
- HB1237: TO PROHIBIT MEDICAL PROFESSIONALS FROM SOLICITING INJURED INDIVIDUALS; AND TO SET PENALTIES FOR A VIOLATION OF THE PROHIBITION OF SOLICITATION OF INJURED INDIV… (failed)
- SB440: TO AMEND THE LAW CONCERNING EMBALMERS AND FUNERAL DIRECTORS; TO REGULATE THE USE OF ALKALINE HYDROLYSIS; AND TO REGULATE ALKALINE HYDROLYSIS FACILITIES. (failed)
- 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 P… (failed)
- 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 A… (failed)

## Sources
- [HB1960 - Introduced (PDF)](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FHB1960.pdf)
- [Act Version (PDF)](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=1013.pdf&ddBienniumSession=2025%2F2025R)

## Related
- [HB1265: AN ACT FOR THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK APPROPRIATION FOR THE 2025…](https://policyrisk.com/state-bill/AR-HB1265-2025)
- [HB1686: TO AMEND THE LAW CONCERNING LICENSES TO CARRY CONCEALED HANDGUNS.](https://policyrisk.com/state-bill/AR-HB1686-2025)
- [HB1237: TO PROHIBIT MEDICAL PROFESSIONALS FROM SOLICITING INJURED INDIVIDUALS; AND TO S…](https://policyrisk.com/state-bill/AR-HB1237-2025)
- [SB440: TO AMEND THE LAW CONCERNING EMBALMERS AND FUNERAL DIRECTORS; TO REGULATE THE US…](https://policyrisk.com/state-bill/AR-SB440-2025)
- [HB1695: TO CLARIFY THE FORECLOSURE PROCESS FOR PROPERTY SUBJECT TO A MUNICIPAL LIEN; TO…](https://policyrisk.com/state-bill/AR-HB1695-2025)
- [HR1012: TO AMEND THE RULES OF THE HOUSE OF REPRESENTATIVES OF THE NINETY-FIFTH GENERAL…](https://policyrisk.com/state-bill/AR-HR1012-2025)
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Source: PRIA, https://policyrisk.com/state-bill/AR-HB1960-2025 (as of 2026-10-16).