Amends TCA Title 67, Chapter 5.
Tennessee HB2607 limits the tax rate that counties, municipalities, metropolitan governments, and other taxing entities can set in a fiscal year to no more than the previous year's total receipts plus an additional 2 percent, with certain exceptions. The bill establishes a procedure allowing for the 2 percent increase to be exceeded through a referendum. This legislation affects local governments and their ability to levy property taxes.
Tennessee HB2607 limits the tax rate that counties, municipalities, metropolitan governments, and other taxing entities can set in a fiscal year to no more than the previous year's total receipts plus an additional 2 percent, with certain exceptions. The bill establishes a procedure allowing for the 2 percent increase to be exceeded through a referendum. This legislation affects local governments and their ability to levy property taxes.
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Hulsey, Bud
114th General Assembly
February 3, 2026
March 11, 2026
Taken off notice for cal in s/c Cities & Counties Subcommittee of State & Local Government Committee