Arkansas Amends Disabled Veterans Property Tax Exemption Requirements

The Arkansas Governor signed a law concerning disabled veterans’ property tax exemption requirements. The law includes: 1) only requiring a letter to the county collector from the Department of Veterans Affairs one time to establish eligibility for the disabled veterans property tax exemption; 2) requiring a taxpayer having previously submitted a letter to notify the county collector if the taxpayer no longer qualifies for the exemption or there was a change in the property description, ownership, use or occupancy in the prior assessment year; 3) requiring a new letter for a homestead change; and 4) providing up to 3 years ...