Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.
Tennessee SB1760 allows housing authorities, industrial development corporations, or community redevelopment agencies to enter into agreements with property owners in designated redevelopment areas, requiring owners to make payments to secure the bonds of these entities. The bill mandates that such agreements be recorded in county real property records to establish a lien, which will have first priority over existing and future mortgages and other liens. This legislation primarily affects property owners within identified redevelopment areas and the respective authorities or agencies involved in economic development.
Tennessee SB1760 allows housing authorities, industrial development corporations, or community redevelopment agencies to enter into agreements with property owners in designated redevelopment areas, requiring owners to make payments to secure the bonds of these entities. The bill mandates that such agreements be recorded in county real property records to establish a lien, which will have first priority over existing and future mortgages and other liens. This legislation primarily affects property owners within identified redevelopment areas and the respective authorities or agencies involved in economic development.
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Briggs, Richard
114th General Assembly
January 20, 2026
May 18, 2026
Comp. became Pub. Ch. 915