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SB 2526 Passed

County Government - As introduced, authorizes a county to sell surplus, obsolete, or unusable real property in an arms-length transaction to a third party for a price not less than its fair market value as determined by at least two state-licensed appraisers without requiring public auction or sealed bids, upon approval by a majority vote of the county legislative body. - Amends TCA Title 5, Chapter 14, Part 1 and Section 5-21-130.

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Legislative Timeline

3 actions
  1. Feb 5, 2026 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  2. Feb 2, 2026 lower
    Filed for introduction
  3. Feb 2, 2026 lower
    Introduced, Passed on First Consideration
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