Opinion No.

The Honorable Ed Wilkinson State Representative P.O. Box 610 Greenwood, Arkansas 72936

Dear Representative Wilkinson:

This opinion is being issued in response to your recent question regarding the application of the "rollback provision" of Amendment 59 of the Arkansas Constitution.

The scenario that gave rise to your question was a two-year reappraisal that took place in Franklin County as a result of an unacceptable ratio level. Only half of the county was reappraised in 1995. The properties that had been reappraised were taxed on the basis of the newly appraised values.1 The resulting tax…