AR Lawmakers Send Property Tax Bill to Governor

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Arkansas lawmakers sent Gov. Sarah Huckabee Sanders legislation that would raise the property tax credit that thousands of homeowners receive for their primary residence.

Sanders’ office said the Republican governor planned to sign into law the legislation, which will raise the homestead property tax credit from $375 to $425.

The Senate approved the bill by a 33-0 vote on Thursday. The state Department of Finance and Administration has projected the increase, which the House approved by a 99-0 vote earlier this month, would cost the state $34 million next year.