§ 26-3-308. Property owned by State Highway Commission or the Arkansas Department of Transportation
(a) It is hereby found and determined by the Seventy-Eighth General Assembly and the Ninety-First General Assembly that all property owned by the State Highway Commission or the Arkansas Department of Transportation is public property used exclusively for public purposes. (b) Since neither the commission nor the department pursuant to Arkansas Constitution, Article 16, § […]
§ 26-3-311. Motor vehicles leased by municipalities
A motor vehicle that is subject to a lease of at least twelve (12) months by a city or town of this state is public property used exclusively for public purposes and is exempt from ad valorem taxation.
§ 26-3-204. Federal lands sold by state
(a) All tracts of land set apart for school or other purposes and donated to the state by the United States Congress for a specific purpose and sold under the authority of the laws of this state to any person shall be subject to taxation as other land in this state immediately after sale. These […]
§ 26-3-205. Timber rights
(a) All timber in this state which has been sold separately and apart from the land on which it stands shall be classed as personal property and shall be subject to taxation as such. (b) Timber interests shall be assessed and the taxes collected thereon in the county where the timber is located.
§ 26-3-206. Property used for other than church purposes — Exemption
(a) All real or personal property owned by any church and held for, or used for, commercial, business, rental, or investment purposes, or purposes other than church purposes, shall be listed for assessment. The ad valorem tax shall be paid thereon at the same rate and at the time and in the same manner provided […]
§ 26-3-301. Property exempt from taxes generally
All property described in this section, to the extent limited, shall be exempt from taxation: (1) Public school buildings and buildings used exclusively for public worship and the grounds attached to these buildings necessary for the proper occupancy, use, and enjoyment of the buildings, not leased or otherwise used with a view to profit; (2) […]
§ 26-3-302. Intangible personalty
(a) All intangible personal property in this state is exempt from all ad valorem tax levies of counties, cities, and school districts in the state. (b) Intangible personal property includes without limitation a permit or license required to place, operate, or maintain at a specific location one (1) or more structures or fixtures and the […]
§ 26-3-303. Parsonages
Parsonages owned by churches and used as homes for pastors shall be exempt from all taxes on real property, except improvement district taxes.
§ 26-3-304. Textile mills
(a) No person, firm, or corporation shall be required to make or file with any county assessor or taxing authority in this state any return, report, or assessment of any kind as to or against any capital invested in a textile mill in this state for the manufacture of cotton or other fiber goods in […]
§ 26-3-305. Nonprofit waterworks
Waterworks systems owned by nonprofit property owners associations are public property used for public purposes and therefore exempt from ad valorem taxation.