Amends TCA Title 5; Title 6 and Title 67, Chapter 5.
Tennessee SB1101 authorizes property owners to apply for a property tax exemption for portions of real property that provide tree canopy, contingent upon local government approval. The bill establishes criteria for determining tree canopy coverage, outlines the application process, and specifies that the exemption applies only to the value of the tree-covered portion of the property. Key provisions include the requirement for an implementing agency to assess tree canopy coverage, the potential for a filing fee, and stipulations regarding the duration and renewal of the tax exemption.
Tennessee SB1101 authorizes property owners to apply for a property tax exemption for portions of real property that provide tree canopy, contingent upon local government approval. The bill establishes criteria for determining tree canopy coverage, outlines the application process, and specifies that the exemption applies only to the value of the tree-covered portion of the property. Key provisions include the requirement for an implementing agency to assess tree canopy coverage, the potential for a filing fee, and stipulations regarding the duration and renewal of the tax exemption.
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