Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas
2 94th General Assembly A Bill
3 Regular Session, 2023 HOUSE BILL 1836
4
5 By: Representative Warren
6 By: Senator C. Tucker
7
8 For An Act To Be Entitled
9 AN ACT TO AMEND THE LAW CONCERNING THE COLLECTION OF
10 REAL PROPERTY TAXES AND PERSONAL PROPERTY TAXES; TO
11 ALLOW A TITLE INSURANCE AGENT, TITLE INSURER, OR
12 TITLE COMPANY TO PAY REAL PROPERTY TAXES IN
13 CONJUNCTION WITH THE ISSUANCE OF A TITLE; AND FOR
14 OTHER PURPOSES.
15
16
17 Subtitle
18 TO ALLOW A TITLE INSURANCE AGENT, TITLE
19 INSURER, OR TITLE COMPANY TO PAY REAL
20 PROPERTY TAXES IN CONJUNCTION WITH THE
21 ISSUANCE OF A TITLE.
22
23
24 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
25
26 SECTION 1. Arkansas Code § 26-35-601(c)(2), concerning the requirement
27 that personal property taxes be collected with real estate taxes, is amended
28 to read as follows:
29 (2) The provisions of this section shall not prevent: any
30 (A) A person, firm, partnership, or corporation from
31 paying general real estate taxes on property securing the payment of
32 indebtedness due the person, firm, partnership, or corporation seeking to pay
33 the taxes; or
34 (B) A title insurance agency, title insurer, or title
35 company from paying general real estate taxes on property in conjunction with
36 the issuance of a title insurance policy.
*JLL294* 03/31/2023 9:53:27 AM JLL294


Statutes affected:
HB 1836: 26-35-601(c)