HB2323Failed

Amends TCA Title 67, Chapter 4, Part 29.

Tennessee HB2323 authorizes municipalities to impose a tax on the privilege of engaging in development activities within their boundaries. This bill affects municipalities and developers by allowing local governments to levy this tax under the same terms and conditions that currently apply to counties. Key provisions include the establishment of a municipal tax rate and adherence to existing limitations outlined in present law.

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Overview

Tennessee HB2323 authorizes municipalities to impose a tax on the privilege of engaging in development activities within their boundaries. This bill affects municipalities and developers by allowing local governments to levy this tax under the same terms and conditions that currently apply to counties. Key provisions include the establishment of a municipal tax rate and adherence to existing limitations outlined in present law.

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Sponsor

Alexander, Rebecca

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

April 7, 2026

Failed in Finance, Ways, and Means Committee

Subjects
Taxes, PrivilegeReal PropertyMunicipal Government

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