The bill amends the law regarding the collection of real and personal property taxes in Arkansas. It specifically allows title insurance agents, title insurers, or title companies to pay real property taxes when issuing a title insurance policy. This change aims to streamline the process of tax payment in conjunction with real estate transactions.

In the amended section of the Arkansas Code, the language has been updated to clarify that the provisions will not prevent a title insurance agency, title insurer, or title company from paying general real estate taxes as part of the title issuance process. The bill also modifies the existing language to remove the term "any" and replace it with "A" to specify the entities involved in tax payments.

Statutes affected:
HB 1274: 26-35-601(c)