Extends the deadline for correcting property tax assessments in Tennessee from two years to ten years.
The bill amends Tennessee Code Annotated, Title 67, Chapter 5, to extend the deadline for correcting property tax assessments. Previously, corrections could be requested by the taxpayer or initiated by the assessor within two years of the tax year. The bill changes this to allow corrections up to ten years after the tax year. This change applies to assessments for the 2016 and subsequent tax years.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.