Bill Title: As enacted, exempts public housing authorities from property tax liability when they enter into leases that permit the public housing authority to acquire the property for a nominal sum at or before the completion of the lease term. - Amends TCA Section 67-5-203.

Spectrum: Bipartisan Bill

Status: (Passed) 2016-04-05 - Comp. became Pub. Ch. 642 [SB1897 Detail]

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

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