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SB 431 Passed

Assessors - As introduced, requires assessors of property to correct an assessment of property for any real property destroyed, demolished, or substantially damaged by disaster between September 1 and December 31 of any year by prorating the assessment for that portion of the year and applying it to the subsequent tax year. - Amends TCA Title 67, Chapter 5, Part 6.

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Legislative Timeline

3 actions
  1. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  2. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  3. Jan 28, 2025 lower
    Filed for introduction
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