Hutchinson To Pay For Homestead Tax Credits

(AP) — Republican gubernatorial nominee Asa Hutchinson said he will pay $1,750 to Pulaski County for improperly claimed homestead tax credits from 2008, even though the statute of limitations has expired. Joe D. Thompson, chief assessment administrator for the Pulaski County assessor's office, said the GOP candidate told the office about two years ago that he had improperly claimed two tax credits and offered to repay $1,400, but Thompson could only accept $1,050 for tax years 2009-2011 because the statute of limitations for the 2008 credit had expired. People who claim two homestead tax credits have to return the money and pay a fine.

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