HB0319Deferred

Amends TCA Title 67, Chapter 5.

Tennessee HB0319 amends the definition of "residential property" in the context of property tax classification and assessment. The bill affects all properties that can be sold and purchased as a single unit under fee simple title, including vacant, owner-occupied, rented, or both detached and attached properties. Key provisions include the broadening of the residential property definition to encompass various types of properties, which may impact property tax assessments.

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Overview

Tennessee HB0319 amends the definition of "residential property" in the context of property tax classification and assessment. The bill affects all properties that can be sold and purchased as a single unit under fee simple title, including vacant, owner-occupied, rented, or both detached and attached properties. Key provisions include the broadening of the residential property definition to encompass various types of properties, which may impact property tax assessments.

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Sponsor

Rudd, Tim

Details
Session

114th General Assembly

Introduced

January 22, 2025

Last Action

March 19, 2025

Def. to Summer Study in Cities & Counties Subcommittee

Subjects
Taxes, Ad ValoremReal PropertyComptroller, StateAssessors

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