diff --git a/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js b/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
index 29e956d314a2..3f2852a13d44 100644
--- a/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
+++ b/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
@@ -612,6 +612,29 @@ const tests = {
         }
       `,
     },
+    {
+      // The dispatch function returned by useActionState is stable, including
+      // when destructuring the third `isPending` element:
+      // const [state, dispatch, isPending] = useActionState(...)
+      code: normalizeIndent`
+        function MyComponent() {
+          const [state, dispatch, isPending] = useActionState(action, 0);
+          useEffect(() => {
+            dispatch();
+          }, []);
+        }
+      `,
+    },
+    {
+      code: normalizeIndent`
+        function MyComponent() {
+          const [state, dispatch, isPending] = React.useActionState(action, 0);
+          useEffect(() => {
+            dispatch();
+          }, []);
+        }
+      `,
+    },
     {
       code: normalizeIndent`
         function MyComponent({ maybeRef2, foo }) {
@@ -1626,6 +1649,41 @@ const tests = {
         },
       ],
     },
+    {
+      // The state and isPending values from useActionState are dynamic, so
+      // they still need to be listed as dependencies (only the dispatch
+      // function is stable).
+      code: normalizeIndent`
+        function MyComponent() {
+          const [state, dispatch, isPending] = useActionState(action, 0);
+          useEffect(() => {
+            console.log(state, isPending);
+            dispatch();
+          }, []);
+        }
+      `,
+      errors: [
+        {
+          message:
+            "React Hook useEffect has missing dependencies: 'isPending' and 'state'. " +
+            'Either include them or remove the dependency array.',
+          suggestions: [
+            {
+              desc: 'Update the dependencies array to be: [isPending, state]',
+              output: normalizeIndent`
+                function MyComponent() {
+                  const [state, dispatch, isPending] = useActionState(action, 0);
+                  useEffect(() => {
+                    console.log(state, isPending);
+                    dispatch();
+                  }, [isPending, state]);
+                }
+              `,
+            },
+          ],
+        },
+      ],
+    },
     {
       // Affected code should use React.useActionState instead
       code: normalizeIndent`
diff --git a/packages/eslint-plugin-react-hooks/src/rules/ExhaustiveDeps.ts b/packages/eslint-plugin-react-hooks/src/rules/ExhaustiveDeps.ts
index 6b790680608d..343539c43c23 100644
--- a/packages/eslint-plugin-react-hooks/src/rules/ExhaustiveDeps.ts
+++ b/packages/eslint-plugin-react-hooks/src/rules/ExhaustiveDeps.ts
@@ -351,9 +351,13 @@ const rule = {
           name === 'useActionState'
         ) {
           // Only consider second value in initializing tuple stable.
+          // useState and useReducer return a 2-element tuple, while
+          // useActionState additionally returns `isPending` as a third element:
+          // const [state, dispatch, isPending] = useActionState(...)
           if (
             id.type === 'ArrayPattern' &&
-            id.elements.length === 2 &&
+            (id.elements.length === 2 ||
+              (name === 'useActionState' && id.elements.length === 3)) &&
             isArray(resolved.identifiers)
           ) {
             // Is second tuple value the same reference we're checking?