States / Tennessee / HB 1716

HB 1716 In Committee

Taxes, Real Property - As introduced, sets the value of residential property for tax purposes at the higher of the most recent price paid for the property or the value attributed to the property by a financial institution when the owner refinances the mortgage on the property or otherwise uses the property as collateral for a loan; prohibits the sale of real property used by the owner as a principal place of residence for 10 years or more to satisfy a tax debt. - Amends TCA Title 26 and Title 67.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Current Version — · 556 words Open full page ↗

SENATE BILL 2411

By Hensley

HOUSE BILL 1716

By Fritts

AN ACT to amend Tennessee Code Annotated, Title 26

and Title 67, relative to property taxes.

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