SB0771In Committee

Amends TCA Title 67, Chapter 5.

Tennessee SB0771 amends Title 67, Chapter 5 of the Tennessee Code Annotated to modify the process for appealing property tax assessments. The bill allows taxpayers to appeal the valuation of industrial and commercial real and tangible personal property to the local board of equalization without needing prior written consent from the assessor. Additionally, it establishes new provisions regarding penalties and interest on disputed tax portions during the appeal process.

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Overview

Tennessee SB0771 amends Title 67, Chapter 5 of the Tennessee Code Annotated to modify the process for appealing property tax assessments. The bill allows taxpayers to appeal the valuation of industrial and commercial real and tangible personal property to the local board of equalization without needing prior written consent from the assessor. Additionally, it establishes new provisions regarding penalties and interest on disputed tax portions during the appeal process.

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Sponsor

Briggs, Richard

Details
Session

114th General Assembly

Introduced

February 4, 2025

Last Action

April 1, 2025

Assigned to General Subcommittee of Senate State & Local Gov''t. Committee

Subjects
Taxes, Ad ValoremTaxes, Real PropertyEqualization BoardAssessors

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