Tennessee HB2265 proposes to study the impact of setting residential property values based on the most recent sale price instead of traditional.
Tennessee HB2265 seeks to amend the state's property tax laws by exploring the potential impacts of basing residential property values on the most recent sale price rather than traditional appraisals. If the study is conducted, the comptroller will submit a report with findings and recommendations to relevant legislative committees. This change could affect property tax assessments and the process by which residential property values are determined.
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- Core Provisions
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- Legal Framework
- Critical Issues
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