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TN SB2383

Bill

Official Source

Status

Introduced

2/2/2026

Primary Sponsor

Raumesh Akbari

Click for details

Origin

Senate

114th General Assembly

AI Summary

  • County property tax rates capped at $3.00 per $100 of assessed value, set by the county legislative body
  • Municipal property tax rates capped at $2.50 per $100 of assessed value
  • Counties and municipalities prohibited from setting tax rates exceeding these new statutory limits
  • Effective date: January 1, 2027

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, relative to property taxes.

Taxes, Ad Valorem

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