TO AMEND THE LAW CONCERNING THE JURISDICTION TO CONSIDER CERTAIN PETITIONS FOR THE ADJUSTMENT OF A PROPERTY ASSESSMENT.

HB 1760 shifts jurisdiction for certain property tax adjustment petitions from county equalization boards to county courts. It specifically removes from equalization boards the authority to review petitions related to tax-exempt status, agricultural/pasture/timberland valuations, mineral rights valuations, or homestead relief eligibility for disabled seniors. Property owners seeking adjustments in these specific scenarios must now file petitions directly with their county court. This change streamlines the process by directing these cases to courts with established jurisdiction under Arkansas law. The bill does not alter tax rates or eligibility criteria, only the administrative body handling these petitions.