Tennessee Senate Bill 1908: Real Property - As introduced, enacts the "Tennessee Private Property Vesting Rights of 2026," which entitles a property owner to just compensation from a public entity if the public entity enacts a land use regulation that has the effect of reducing the fair market value of the property. - Amends TCA Title 29, Chapter 16.

Tennessee · 114 session

Status: In committee

What it does

As introduced, enacts the "Tennessee Private Property Vesting Rights of 2026," which entitles a property owner to just compensation from a public entity if the public entity enacts a land use regulation that has the effect of reducing the fair market value of the property. - Amends TCA Title 29, Chapter 16.

Latest action

Assigned to General Subcommittee of Senate Judiciary Committee (2026-03-23)

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