Amends TCA Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68.

Tennessee HB0753 amends various sections of the Tennessee Code Annotated to establish new assessment methods for multi-unit rental housing subject to government restrictions on use, effective January 1, 2026. The bill affects property owners of multi-unit rental housing by requiring them to notify property assessors of any changes in the property's status regarding government restrictions and to provide necessary information for accurate assessments. Key provisions include the use of an annual net operating income approach for valuation, adjustments based on market comparisons, and the requirement for property owners to submit notifications by December 31 each year.