TN HB2503

Legislative Description

As enacted, provides that if the comptroller determines that annual appropriations would be insufficient to permit full payment of claims reflecting the income and value standards established in the tax relief provisions or in the annual appropriations act, the comptroller must calculate and apply a factor to uniformly adjust individual payments to permit all timely claims to be paid within the limits of the appropriation. - Amends TCA Title 67.

Taxes, Real Property

Last Action

Committee Referrals