Title 26, Taxation

Each of the officials named in this subchapter shall be allowed a reasonable compensation for the services as he or she may be required to perform in pursuance thereof, to be determined by the respective county courts, payable out of the county treasury of the county in which the…

Upon the application of the property owner or other person required to file an assessment list, the county assessor shall furnish appropriate blanks upon which to list and report the property required to be listed.

(a) The county assessors, deputy county assessors, and Arkansas Public Service Commission, or any other officer charged under the law with assessing taxes, shall, when each and every person presents himself or herself to make and prepare a property list, administer the following …

(a) Every person of full age and sound mind shall list the real property of which he or she is the owner, situated in the county in which he or she resides, and the personal property of which he or she is the owner. (b) The county assessor may relieve the person of this requireme…

The property of every ward shall be listed by his or her guardian; of every minor, idiot, or lunatic, having no other guardian, by his or her father, if living, and if not, by his or her mother, if living; and if neither father nor mother is living, by the person having the prope…

(a) Property held under a lease for a term exceeding ten (10) years belonging to a religious, scientific, or benevolent society or institution, whether incorporated or unincorporated, and school, seminary, saline, or other lands shall be considered, for all purposes of taxation, …

Every person or company engaged in the business of receiving property in pledge or as security for money or other things advanced to the pawner or pledger shall annually, at the time prescribed by this chapter for the assessment of personal property, return, under oath, all prope…

All lands and town lots sold for the payment of taxes shall be assessed in the name of the purchaser.

(a) If any person shall have converted moneys, credits, or other personal property in the year preceding January 1 of the year in which he or she is required to assess his or her property into bonds or other securities of the United States or this state not taxed, and shall hold …

(a) No person shall be required to list a greater portion of any credits than he or she believes will be acquired or can be collected, nor any greater portion of any obligation given to secure the payment of rent than the amount of rent that shall have accrued on the lease and sh…

(a) (1) The valuations as set out in any assessment list required under the provisions of this subchapter to be delivered to the county assessor by the property owner shall not be held to be conclusive as to the value of the property so listed, and the county assessor may make su…

(a) The Arkansas Public Service Commission, the county assessor, or any one of them who may be required under the law to make assessment rolls shall, in addition to their duties as required by law, specifically inquire of the maker of each list the following:(1) The number, kind,…

Whenever the county assessor discovers that any property has been omitted for any cause from the assessment roll, if it is before the county collector closes his or her books for the collection of taxes for the year in which the property was due to have been assessed, it shall be…

(a) If any person required to list property for taxation is prevented by sickness or absence from giving to the county assessor the list of property as prescribed by this subchapter, the person, or his or her agent having charge of the property, may, at any time before the making…

(a) The Arkansas Public Service Commission shall equalize the assessment of property throughout the state. (b) For this purpose, in addition to the powers and duties conferred on the commission, it shall have power to equalize the assessment of all property in this state between …

(a) The Arkansas Public Service Commission shall meet on the first Monday in October of each year for the purpose of equalizing the taxable valuation of all real or personal property. (b) The commission shall:(1) Examine and compare the returns of the assessment of property in th…

(1) In the performance of its duties, the Arkansas Public Service Commission shall be governed by the following rules:(1) They shall add to the aggregate valuation of the real property of every county which they believe to be valued below its true and full market or actual value,…

(a) A record of the proceedings of the Arkansas Public Service Commission shall be kept by the secretary thereof. (b) (1) A certified copy of the record or such part thereof as affects his or her county shall, on or before the third Monday in November, be furnished the county cle…

(a) There is created a county equalization board in each county of this state to be selected in the manner provided by §§ 26-27-302 — 26-27-305. (b) The county equalization boards shall have all the powers and authority, and perform all of the duties which are conferred by law on…

The county equalization board of each county shall be composed of qualified electors of the county who have owned real property in the county for at least one (1) year.

(a) The county equalization board of each county shall consist of five (5) members. (b) However, in counties having a population in excess of seventy-nine thousand (79,000) persons, according to the most recent federal decennial census, the county equalization board may consist o…

(a) (1) When the county equalization board consists of five (5) members:(A) One (1) member shall be selected by the representatives of the several school districts in the county;(B) One (1) member shall be selected by the representatives of all cities and incorporated towns in th…

(a) The terms of office of the members of the county equalization boards shall be staggered as follows:(1) (A) In those counties having a county equalization board composed of five (5) members, the members shall serve three-year staggered terms of office, with each expiring term …

(a) Each member of a county equalization board, before entering upon the discharge of his or her duties, shall take the oath of office prescribed in Arkansas Constitution, Article 19, § 20, and further, that he or she will fearlessly, impartially, and faithfully equalize the asse…

(a) The county clerk or his or her designee shall serve as secretary of the county equalization board of his or her county and shall keep a complete and accurate journal of its proceedings and perform such other duties as may be by law required by the county equalization board. (…

(a) The members of the county equalization board and the secretary thereof of the counties of this state shall receive for their services an amount to be fixed by the county quorum court of the county. (b) All compensation, together with expenses necessarily incurred by reason of…

(a) (1) The county equalization board shall meet on August 1 of each year at the office of either the county clerk or the office of the county assessor.(2) However, if August 1 falls on a Saturday, a Sunday, or a legal holiday, the meeting shall be held on the next business day w…

County equalization boards consisting of nine (9) members may organize into working groups of three (3) members each for the purpose of making investigations and recommendations to be presented to and passed by the entire county equalization board sitting en banc. For this purpos…

(a) (1) (A) On petition of the county judge or the county quorum court or on the county equalization board's own motion at any time after adjournment of its regular monthly meeting or after its equalization meetings from August 1 each year through October 1 and before the third M…

(a) (1) The county equalization board, on petition of the county judge or on its own motion, shall, at any time, convene in special session for the purpose of planning its work of equalization of property assessments.(2) For this purpose only, the county equalization board shall …

It is the imperative duty of the county assessor or his or her deputy to attend each session of the county equalization board and to furnish the county equalization board with all data and information in his or her possession pertaining to the location, amount, kind, and value of…

The county equalization board of any county may classify the personal property and zone and classify the real property in the county and determine the average value of the property so classified or zoned, or units of them, and use the average value so determined as a guide in the…

(a) Immediately after the county assessor files his or her report of the assessment of real and personal property in the office of the county clerk as required by law, the county clerk shall present the report of the assessment to the county equalization board, and the county equ…

(a) The county equalization board, or any member thereof, shall have free access to the records of the office of the county clerk and of the office of the circuit clerk and ex officio county recorder of the county. (b) (1) The county equalization board or any member may enter upo…

(a) (1) A property owner or an agent of a property owner may apply in person, by petition, or by letter to the secretary of the county equalization board on or before the third Monday in August of each year for the adjustment of the county assessor's assessment on the property ow…

(a) (1) (A) The county assessor or a property owner who is aggrieved at the action of a county equalization board may appeal from the action of the county equalization board to the county court by filing a petition of appeal with the county clerk, who shall assign a case number t…

(a) Each county equalization board, immediately on the completion of its work of equalization and before final adjournment, shall adopt a resolution wherein it shall be stated the percentage of true market or actual value at which it has equalized the assessed values of the prope…

(a) It is the duty of the county clerk of each county to enter upon the assessment record of his or her county the adjusted or equalized assessed value of any and all property as found and fixed by the county equalization board. (b) In making the tax books of the county, unless f…

(a) The county clerk of each county shall, on or before the second Monday in November of each year, unless otherwise ordered and directed by the Arkansas Public Service Commission, file with the commission, on such forms as it may prescribe, a “final abstract of the tax books”. (…

(a) The purpose of this section is to:(1) Set out the procedure for a county equalization board to follow when changing real property values in a year when a county is not completing reappraisal; and(2) Require the county equalization board to consult with the Assessment Coordina…

(a) In addition to its other duties, a county equalization board shall hear appeals under § 14-126-103. (b) The county equalization board shall meet as necessary to hear appeals under § 14-126-103.

(a) (1) Beginning January 1, 2018, the Director of the Assessment Coordination Division shall:(A) Approve curricula and provide materials for use in training and educating members of county equalization boards;(B) Supervise a comprehensive course for training and education of mem…

(a) The Director of the Assessment Coordination Division shall establish uniform hearing procedures for county equalization boards, which shall include without limitation information regarding:(1) The notice required for a hearing;(2) Conducting a hearing;(3) Scheduling, reschedu…

(1) The preparer of the tax books shall make out in books prepared for that purpose a complete list or schedule of all the taxable property in his or her county and the value of the taxable property as equalized and arranged in the following form:(1) Each separate tract of real p…

(a) (1) If a county by appropriate action elects to acquire, lease, rent, or otherwise provide for the use of electronic data processing equipment, commonly referred to as a computer, to keep the assessment records, to prepare the tax books, to prepare the tax settlements, and to…

After receiving statements of the rates and sums of money to be levied for the current year from the Auditor of State and from such other officers and authorities as shall be legally empowered to determine the rates or amount of taxes to be levied for the various purposes authori…