TN HB0893 | 2017-2018 | 110th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2017 - 25% progression, died in chamber
Action: 2018-01-17 - Sponsor change.
Text: Latest bill text (Draft #2) [PDF]

Summary

As introduced, requires that the value of real property assessed for property tax purposes be ascertained from evidence of its sound, intrinsic, and immediate value, for purposes of sale between a willing seller and buyer without consideration of speculative values, and when appropriate, subject to the Agricultural, Forest and Open Space Land Act of 1976; provides that evidence includes an independent appraisal commissioned by the owner of the residential property. - Amends TCA Title 62, Chapter 39 and Title 67, Chapter 5.

Tracking Information

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Title

As introduced, requires that the value of real property assessed for property tax purposes be ascertained from evidence of its sound, intrinsic, and immediate value, for purposes of sale between a willing seller and buyer without consideration of speculative values, and when appropriate, subject to the Agricultural, Forest and Open Space Land Act of 1976; provides that evidence includes an independent appraisal commissioned by the owner of the residential property. - Amends TCA Title 62, Chapter 39 and Title 67, Chapter 5.

Sponsors


History

DateChamberAction
2018-01-17HouseSponsor change.
2017-04-04HouseTaken off notice for cal in s/c Local Government Subcommittee of Local Government Committee
2017-03-29HousePlaced on s/c cal Local Government Subcommittee for 4/4/2017
2017-02-14HouseAssigned to s/c Local Government Subcommittee
2017-02-13HouseP2C, ref. to Local Government Committee
2017-02-09HouseIntro., P1C.
2017-02-08HouseFiled for intro.

Same As/Similar To

SB0753 (Crossfiled) 2017-04-04 - Assigned to General Subcommittee of Senate State and Local Government Committee

Subjects


Tennessee State Sources


Bill Comments

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