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TN SB1983

Bill

Official Source

Status

Introduced

1/22/2026

Primary Sponsor

Brent Taylor

Click for details

Origin

Senate

114th General Assembly

AI Summary

  • Establishes a tiered redemption period for tax-sold properties based on how long taxes were delinquent before the sale

  • Properties with 3 years or less of tax delinquency receive a 1-year redemption period from the order confirming the sale

  • Properties with more than 3 years of tax delinquency receive a shortened 90-day redemption period from the order confirming the sale

  • Takes effect July 1, 2026, applying only to tax sale confirmation orders entered on or after that date

Legislative Description

AN ACT to amend Tennessee Code Annotated, Section 67-5-2701, relative to procedure for redemption of property.

Taxes, Real Property

Last Action

Placed on Senate State and Local Government Committee calendar for 3/17/2026

3/11/2026

Committee Referrals

State and Local Government2/5/2026

Full Bill Text

No bill text available