Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 5 - State Taxes > Chapter 61 - Tax on Timberlands and Rangelands > § 26-61-112 - Exemption from tax.

§ 26-61-112 - Exemption from tax.

26-61-112. Exemption from tax.

Disabled veterans, surviving spouses of disabled veterans, and surviving minor dependent children of disabled veterans who are eligible for the exemption from the payment of all state taxes on the homestead and personal property owned by them, as provided for in 26-3-306, shall be exempt from the payment of the tax levied in this chapter if the amount of tax owed is less than five dollars ($5.00).