Amendment 79 Assessed Value Freeze for Seniors (65+) and Disabled Homeowners
Who qualifies
- Age
- 65 or older
- Income
- No income limit. Eligible if the homestead owner is age 65 or older OR is disabled (the freeze is not restricted to seniors).
- Ownership
- Owner-occupant who is 65 or older or disabled. The freeze does not transfer to a subsequent owner and ends when the property is sold or no longer qualifies as the homestead.
- Residency
- Property must be the owner's principal residence (homestead) in Arkansas.
How much it saves
No dollar estimate. This freezes your home's taxable value at the year you qualify, so savings grow over time and can't be stated as a single dollar figure.
How to apply
- Application required: Yes
- Deadline: Apply with the county assessor's office (no fixed statewide annual deadline; establish the freeze after qualifying).
- Renewal: automatic — The freeze continues indefinitely while the owner continues to own and occupy the homestead; no annual renewal.
Combining with other exemptions
Can be held together with the homestead property tax credit. Disabled owners qualify regardless of age; class recorded as senior because age 65+ is the most common qualifier (disability is an alternative path).
Official sources:
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.