Amends TCA Section 67-5-2013.

Tennessee SB1061 amends TCA Section 67-5-2013 to allow the county trustee or property tax collecting official in Hamilton County to decline to bill de minimus personal property taxes totaling less than $20, provided this is authorized by a private act, resolution, or ordinance and approved by a two-thirds majority of the legislative body. The bill affects taxpayers in Hamilton County by permitting the abatement of penalties or interest on such taxes and requires the tax collecting official to maintain a list of these de minimus taxes by taxpayer account and year. Additionally, it allows for the collection of these taxes when a related tax for a subsequent year is paid, without being subject to any statute of limitations.