--- type: "Bill" title: "TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT." description: "TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT." jurisdiction: "us/states/ar" legislature: "Arkansas Legislature" session: "2025" identifier: "HB 1937" citation: "Arkansas HB 1937 (2025)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Jean", "Stone"] version_count: 3 action_count: 16 vote_count: 0 first_action: "2025-03-31T21:31:24+00:00" last_action: "2025-04-17T20:28:29+00:00" source: "openstates" source_identifier: "ocd-bill/a2320964-e283-4614-ae41-1bf09740d1d8" source_url: "https://www.arkleg.state.ar.us/Bills/FTPDocument/?path=%2fSessionInformation%2LegislativeMeasures.txt" source_hash: "a519dfa5c0073a1bfb0614db525decb2af530d0cf20d87ac5cafcc24f2e4dc40" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-ar"] --- # Arkansas HB 1937 (2025) — TO AMEND THE METHOD OF VALUATION FOR MINERAL RIGHTS UNDER ARKANSAS CONSTITUTION, ARTICLE 16, § 5; AND TO CLARIFY THE METHOD OF VALUATION FOR OIL AND GAS WELL PRODUCTION EQUIPMENT. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Act 821** (committee substitute) — [source](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=821.pdf&ddBienniumSession=2025%2F2025R) 2. **Amendment H1** (committee substitute) — [source](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FAMEND%2F2025R%2FPublic%2FHB1937-H1.pdf) 3. **HB 1937** (committee substitute) — [source](https://www.arkleg.state.ar.us/assembly/2025/2025R/Bills/HB1937.pdf) ## Sponsors - Jean — primary (person) - Stone — primary (person) - Caldwell — cosponsor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2025-03-31T21:31:24+00:00** Filed `introduction` - **2025-04-01T02:16:19+00:00** Read the first time, rules suspended, read the second time and referred to the Committee on AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT- HOUSE `reading-1, reading-2, referral-committee` - **2025-04-02T19:20:45+00:00** Returned by the Committee with the recommendation that it do pass as amended 1 `committee-passage` - **2025-04-03T13:34:48+00:00** Placed on second reading for the purpose of amendment. - **2025-04-03T13:34:50+00:00** Amendment No. 1 read and adopted and the bill ordered engrossed. `amendment-introduction, amendment-passage` - **2025-04-03T17:28:24+00:00** REPORTED CORRECTLY ENGROSSED - **2025-04-07T19:53:42+00:00** Read the third time and passed and ordered transmitted to the Senate. `passage, reading-3` - **2025-04-08T01:15:51+00:00** Received from the House. - **2025-04-08T01:16:00+00:00** Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE `reading-1, referral-committee` - **2025-04-09T18:30:32+00:00** Returned by the Committee, with the recommendation that it Do Pass `committee-passage-favorable` - **2025-04-14T19:27:44+00:00** Read the third time and passed. `passage, reading-3` - **2025-04-14T19:27:49+00:00** Returned to the House as passed. - **2025-04-14T21:13:53+00:00** Returned from the Senate as passed. - **2025-04-14T21:13:55+00:00** TO BE ENROLLED - **2025-04-15T14:16:21+00:00** Correctly enrolled and ordered transmitted to the Governor's Office. - **2025-04-17T20:28:29+00:00** Notification that HB1937 is now Act 821 `executive-signature` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a2320964-e283-4614-ae41-1bf09740d1d8`. Confidence: reported (aggregated from official Arkansas legislature records).