Legislation Increasing Homestead Property Tax Credit Passed by Legislature, Heads to Arkansas Gov. Sarah Huckabee Sanders’ Desk

Legislation increasing homestead property tax credit passed by legislature, heads to Arkansas Gov. Sarah Huckabee Sanders’ desk

The Arkansas House and Senate passed legislation to increase the Homestead Tax Credit from $600 to $675, which is now awaiting Governor Sarah Huckabee Sanders' signature.

Arkansas Legislature passes budget, homestead tax credit increase

Members of the House of Representatives talk before the State of the State address at the Arkansas State Capitol in Little Rock, Arkansas on April 8, 2026. (Photo by Katie Adkins/Arkansas Advocate)The Arkansas Legislature gave initial approval to a proposed $6.7 billion budget for the coming year Tuesday, a day after a multimillion dollar economic incentive package aimed at attracting a manufacturer to West Memphis drew heavy opposition from som…