SB1277113th GA (Historical)Second Reading

Amends TCA Title 67, Chapter 5.

As introduced, redefines "industrial and commercial property" for assessment and classification purposes to include real property that is used, or held for use, for dwelling purposes in which 50 or more single family, residential properties are owned by one individual, entity, or association, including, but not limited to, investor groups, within one county and used, or held for use, as rental property.

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Overview

As introduced, redefines "industrial and commercial property" for assessment and classification purposes to include real property that is used, or held for use, for dwelling purposes in which 50 or more single family, residential properties are owned by one individual, entity, or association, including, but not limited to, investor groups, within one county and used, or held for use, as rental property.

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Sponsor

Yarbro, Jeff

Details
Session

113th General Assembly

Introduced

January 31, 2023

Last Action

February 6, 2023

Passed on Second Consideration, refer to Senate State and Local Government Committee

Subjects
Taxes, Real PropertyProperty Assessors

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SB1277: Amends TCA Title 67, Chapter 5. | LegisGo