Tennessee HB1846 amends rollback tax laws for agricultural, forest, and open space land.
Tennessee HB1846 modifies the rollback tax provisions for agricultural, forest, and open space land. It removes certain conditions that previously triggered rollback taxes, such as exceeding acreage limits or land being sold by financial institutions. The bill also eliminates liability for rollback taxes when property is disqualified as agricultural, forest, or open space land. Buyers of such land must reapply for classification renewal. The changes take effect July 1, 2026.
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