HB 2607Updated

Limits the tax rate that counties, municipalities, metropolitan governments, and other taxing entities can set in a fiscal year to no more than the previous…

Official title: Amends TCA Title 67, Chapter 5.

What this bill does

Limits the tax rate for local governments to the previous year's total receipts plus 2 percent, with exceptions and a referendum process for exceeding the limit.

Establishes a maximum tax rate for counties, municipalities, and other taxing entities
Allows a 2 percent increase over the previous year's receipts
Provides a procedure for exceeding the 2 percent limit through a referendum
Limits tax rate increase to previous year's receipts plus 2 percent
Allows exceeding the limit through a referendum process
Affects local governments' ability to levy property taxes

Plain-language summary generated by LegisGo. Always read the official text for legal detail.

What this bill does

Reading the bill in plain English…

SharePost Share

What's happened

Taken off notice for cal in s/c Cities & Counties Subcommittee of State & Local Government Committee
Mar 11, 2026
Placed on s/c cal Cities & Counties Subcommittee for 3/11/2026
Mar 4, 2026
Sponsor(s) Added.
Feb 27, 2026
Sponsor(s) Added.
Feb 19, 2026
Assigned to s/c Cities & Counties Subcommittee
Feb 5, 2026
P2C, ref. to State & Local Government Committee
Feb 5, 2026

s/c Cities & Counties

Read the official bill at the TN General Assembly

Tracking policy for work? LegisGo Pro adds alerts, search, and analysis.

See Pro

← Browse more bills