Tennessee Senate Bill 431: 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.

Tennessee · 114 session

Status: Passed one chamber

What it does

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.

Latest action

Passed on Second Consideration, refer to Senate State and Local Government Committee (2025-02-12)

See how SB 431 affects you on CapitolKey

Browse more bills · CapitolKey home