Amends TCA Title 67, Chapter 5, Part 6.
Tennessee SB0431 amends the property assessment laws to allow for prorated assessments for buildings or improvements that are damaged or destroyed between September 1 and December 31 of any year, in addition to those affected before September 1. This bill specifically excludes mobile homes and other movable structures from these provisions. Key changes include retroactive applicability to January 1, 2024, and the requirement for property owners to apply for assessment relief by September 1 following a disaster.
Tennessee SB0431 amends the property assessment laws to allow for prorated assessments for buildings or improvements that are damaged or destroyed between September 1 and December 31 of any year, in addition to those affected before September 1. This bill specifically excludes mobile homes and other movable structures from these provisions. Key changes include retroactive applicability to January 1, 2024, and the requirement for property owners to apply for assessment relief by September 1 following a disaster.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records
Reeves, Shane
114th General Assembly
January 28, 2025
March 19, 2025
Passed on Second Consideration, refer to Senate State and Local Government Committee