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SB 327 Signed

Taxes, Ad Valorem - As introduced, revises the definition of "residential property" for purposes of classification and assessment of property taxes to include property that can be sold and purchased as a single unit fee simple title, regardless of whether it is vacant, owner-occupied, rented, or detached or attached. - Amends TCA Title 67, Chapter 5.

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Legislative Timeline

6 actions
  1. Mar 25, 2025 lower
    Assigned to General Subcommittee of Senate State & Local Government Committee
  2. Mar 18, 2025 lower
    Reset on Final calendar of Senate State and Local Government Committee
  3. Mar 11, 2025 lower
    Placed on Senate State and Local Government Committee calendar for 3/18/2025
  4. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  5. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  6. Jan 27, 2025 lower
    Filed for introduction
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