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Committee adopts amendment to direct assessment office to promulgate rules for certain property assessments
Summary
An amendment to House Bill 1894 requires the Assessment Coordination Division to promulgate rules addressing assessment of specified properties and to present those rules to the ALC; committee adopted the amendment and passed the bill as amended.
Representative Howard Beatty presented an agreed amendment to House Bill 1894 that directs the Assessment Coordination Division to promulgate rules dealing with the assessment of certain property types and to present those rules to the Arkansas Legislative Council (ALC).
Beatty told the committee the amendment acknowledges that rules are needed and that the Assessment Coordination Division will develop them for ALC consideration. He said the amendment reflects work by the committee that “brought folks to the table” to agree on language. The committee adopted the amendment by voice vote, and Beatty then presented the bill as amended; he said there was no opposition and asked for a favorable vote.
After no public testimony and no further questions, the committee voted to pass the bill as amended on a voice vote.
