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Sponsor pulls business rendition bill after assessors and counties raise objections
Summary
A bill to eliminate or change the detailed business personal-property rendition was pulled for further work after assessors and county groups said removing the rendition would harm valuation accuracy and shift work onto assessors.
Representative Robin Lundstrom brought a bill seeking to change requirements for business personal-property renditions. Testimony from county assessors and the Association of Arkansas Counties led the sponsor to pull the bill for more work.
Russell Hill, Washington County assessor, and other county assessors described the current process of business renditions as time consuming but important to accurate…
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