SB 573 — TO AMEND THE METHOD OF VALUATION UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5, BY DEFINING THE TERMS USED IN THE ESTABLISHED METHODS OF VALUATION FOR PURPOSES OF PROPERTY TAX.
Last action — Notification that SB573 is now Act 783
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 28, 2025. Enacted.
Signed by Governor Sarah Huckabee Sanders (Republican) on April 18, 2025.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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3 sponsors
2 primary, 1 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
0 added · 2 removedPlain-language change summary
The amendment to Bill SB 573 removed a specific reference to "Act 783 of the Regular Session" and the date it was approved. This change means that the bill no longer ties itself to that particular act or its approval date, which could allow it to stand independently or be clearer about its own provisions. This matters because it helps simplify the bill and focus on the current legislation without past references that may not be relevant.
Act 783 of the Regular Session State of Arkansas 95th General Assembly A Bill Regular Session, 2025 SENATE BILL 573 5 By:
APPROVED:3 03/28/2025 9:06:16 AM JLL314
4/17/25 3 03/28/2025 9:06:16 AM JLL314
Action History
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Notification that SB573 is now Act 783
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DELIVERED TO GOVERNOR.
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Reported correctly enrolled and ordered delivered to the Governor.
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ORDERED ENROLLED
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Returned from the House as passed.
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Returned to the Senate as passed.
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Read the third time and passed and ordered transmitted to the Senate.
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Returned by the Committee Do Pass
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Read the first time, rules suspended, read the second time and referred to the Committee on AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT- HOUSE
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RECEIVED FROM THE SENATE
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Ordered immediately transmitted to the House.
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Read the third time and passed.
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Returned by the Committee, with the recommendation that it Do Pass
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Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
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Filed
Sponsors
- Ronald Caldwell · Cosponsor
- Lane Jean · Primary
- Jim Petty · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 1 co-sponsors · 135 not signed on
"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 573?
- SB 573 is sponsored by Ronald Caldwell, Lane Jean, and Jim Petty.
- What is the current status of SB 573?
- This bill has been enacted into law. Introduced March 28, 2025. Enacted.
- Where can I track SB 573?
- Track SB 573 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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