TN SB1949

Legislative Description

As enacted, requires the county mayor of each county, after taking charge of lands bought by the county at delinquent tax sales, to evaluate the property, within 90 to 120 days, and determine whether the value of the property or amount of money the county is likely to receive if the county sold the property exceeds the financial or environmental risks associated with the property; revises related provisions and establishes related requirements. - Amends TCA Title 67, Chapter 5, Part 25.

Taxes, Real Property

Last Action

Committee Referrals