HB1658

House Bill 1658 amends Arkansas law regarding property tax penalty exceptions for members of the United States Armed Forces, the reserve component, and the National Guard. It clarifies that these taxpayers are exempt from late payment penalties during their deployment and for one tax year following the conclusion of that deployment. The bill provides a formal definition of 'deployment' for the purposes of this exemption, specifically identifying it as an assignment to a duty location outside of Arkansas under Title 10 of the United States Code. Additionally, the bill outlines the documentation requirements for taxpayers to claim this exemption, mandating that they provide their DD Form 214 to the relevant county collector within one year of their deployment ending.