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

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Enacted

Overview Bill text 1 History 3 Sponsors

No summary has been published for this bill. The full text is on the Bill text tab.

Chamber: Senate
Introduced: Feb 2, 2026
Last action: Feb 5, 2026 — Passed on Second Consideration, refer to Senate State and Local Government Committee
Session: 114
Momentum: 27 · Low

PASSAGE PROBABILITY

23.9% Unlikely

Why this number

Stage base In Committee — base rate 51%, measured from TN's completed sessions
Momentum -5 27/100 from the pace of recorded action
Time since last action -22 253 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.