Tennessee Senate Bill 2002

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 22 2026 - 25% progression, died in committee
Action: 2026-03-24 - Assigned to General Subcommittee of Senate State and Local Government Committee
Pending: Senate State and Local Government Committee
Text: Latest bill text (Draft #2) [PDF]

As introduced, limits the setting of the tax rate on property by a county, municipality, metropolitan government, or other taxing entity in any fiscal year at a rate that would render in total receipts from all levies an amount more than the receipts from that source from the immediately preceding fiscal year for the county, municipality, metropolitan government, or other taxing jurisdiction, plus an additional 2 percent, subject to certain exceptions; establishes a procedure by which the 2 percent increase may be exceeded by passage of a referendum. - Amends TCA Title 67, Chapter 5.

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, relative to property taxes.

Sen. Joseph Hensley [R]

Date	Chamber	Action
2026-03-24	Senate	Assigned to General Subcommittee of Senate State and Local Government Committee
2026-03-18	Senate	Placed on Senate State and Local Government Committee calendar for 3/24/2026
2026-03-17	Senate	Action deferred in Senate State and Local Government Committee to 3/24/2026
2026-03-11	Senate	Placed on Senate State and Local Government Committee calendar for 3/17/2026
2026-02-05	Senate	Passed on Second Consideration, refer to Senate State and Local Government Committee
2026-02-02	Senate	Introduced, Passed on First Consideration
2026-01-22	Senate	Filed for introduction

HB2607 (Crossfiled) 2026-03-11 - Taken off notice for cal in s/c Cities & Counties Subcommittee of State & Local Government Committee

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=SB2002&ga=114
Text	https://www.capitol.tn.gov/Bills/114/Bill/SB2002.pdf
Supplement	https://www.capitol.tn.gov/Bills/114/Fiscal/SB2002.pdf