The assessment method mandated by Act 573 for off-premises advertising signs will result and has resulted in these signs being assessed at a value less than fair market value as derived from other regular assessment methods and less than the fair market value derived from the Billboard Evaluation Guide that wasA tax break was the point, of course. It was opposed at the time because it was intended to continue unequal taxation (based on cost, not value) on a select class of property — that used by billboards. Sen. Bart Hester was the sponsor. According to Benton County property tax records, in 2015, he had a self-interest as an owner of property leased for billboards. He declined to talk at the time. After publication of this item about the lawsuit, he got in touch to say he sent a message by Twitter:
promulgated by the Arkansas Assessment Coordination Department in 2015.
I do not own land that has billboards or benefits from billboards in anyway. Please stop using bad information in your articlesHe has declined so far to discuss his land ownership at the time. He tells me now that he has owned billboard land in the past, but not at the time the bill was passed in 2015. He said he currently has