{"data":{"id":"us-ar/ark.-code-ann.-26-26-1121","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-26-1121","heading":"Determination of millage rollback","body":"(a) To determine whether a rollback of millage rates is required under Arkansas Constitution, Article 16, § 14, each taxing entity shall compare the adjusted taxable assessed values of the real and personal property in the current year to the adjusted taxable assessed values of the real and personal property in the preceding year.\n\n(b) To calculate the millage rollback, the adjusted taxable assessed value of the real property in the current year shall be compared to the adjusted taxable assessed value of real property in the preceding year.","path":["AR Code","Title 26","Chapter 26","Subchapter 11"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"929d57b28699b34799a0f28cc556f6cf7e1eeb98d0d9bc04560eb3fd5075b2f4","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-26-1120","next":"us-ar/ark.-code-ann.-26-26-1122"},"notice":"GroundRules: Original legal text. Not legal advice."}