Amends TCA Title 47 and Title 67.

Tennessee HB1134 amends Title 47 and Title 67 of the Tennessee Code Annotated to establish provisions for affordable housing programs adopted by local legislative bodies. It affects municipalities and counties that choose to implement such programs, outlining requirements for property owners, including tax payment agreements and exemptions for properties providing affordable housing to low-income households and veterans experiencing homelessness. Key provisions include stipulations for payments in lieu of taxes and definitions of what constitutes permanent affordable housing.