Comments: TN HB0893 | 2017-2018 | 110th General Assembly

Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-01-17 - Sponsor change. [HB0893 Detail]

Text: Latest bill text (Draft #2) [PDF]

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