Constitution of Arkansas (2025 publisher edition) — Amendment 57: INTANGIBLE PERSONAL PROPERTY.

Publisher edition notice: This collection preserves the complete constitutional appendix of the Secretary of State’s 2025 Election Laws and Constitution compilation: its preamble, twenty original articles, schedule and 104 published amendments, including annotations and explicit repealed notices. Repealed notices remain historical publisher context. Later amendments have not been independently verified.

Amendment 57

AMEND. 57. INTANGIBLE PERSONAL PROPERTY.
Publisher’s Notes. This amendment was proposed by
S.J.R. No. 4 (see Acts 1975 (Extended Sess., 1976), p. 3035)
and filed in the office of the Secretary of State on Jan. 29,
1976. It was approved at the general election on Nov. 7,
1976, by a vote of 634,231 for and 93,277 against.
§ 1. Intangible personal property — Assessment and taxation.
The General Assembly may classify intangible personal property for assessment at lower
percentages of value than other property and may exempt one or more classes of intangible
personal property from taxation, or may provide for the taxation of intangible personal property
on a basis other than ad valorem.
§ 2. Effect on other constitutional provisions.
The provisions of this Amendment shall be in lieu of those provisions of Article 16, Section 5 of
the Constitution of the State of Arkansas relating to the assessment and taxation of intangible
personal property.
Publisher’s Notes. Ark. Const., Art. 16, § 5, as origi-
nally enacted, was repealed and replaced by Ark. Const.
Amend. 59.
702 Amend. 56 CONSTITUTION OF ARKANSAS

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