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Companion Bill SB0001. Taxes, Real Property - Authorizes counties and cities to locally adopt and implement a program of tax relief for certain elderly homeowners. - Amends TCA Title 67, Chapter 5, Part 7. Fiscal Summary for HB0001 / *SB0001 Increase Local Govt. Expenditures - Exceeds $100,000/One-Time/Permissive Exceeds $1,000,000/Recurring/Permissive Decrease Local Govt. Revenues - Exceeds $1,000,000/Permissive Bill Summary for HB0001 / *SB0001 The Constitution of the State of Tennessee provides for taxation of real property and authorizes the state legislature to provide tax relief to elderly low-income taxpayers through payments by the state to reimburse all or part of the county or city taxes paid by such persons on owner-occupied residential property. In 1979, [...]

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Latest Actions
  • 05/09/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee
  • 05/02/2007 - Placed on Subcommittee Calendar Local Government of S&LG for 05/09/2007
  • 05/02/2007 - Action Deferred in Subcommittee Local Government of S&LG to 5/9/2007
  • 04/25/2007 - Placed on Subcommittee Calendar Local Government of S&LG for 05/02/2007
  • 04/25/2007 - Action Deferred in Subcommittee Local Government of S&LG to 5/2/2007

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Bill Text
File name Last Updated
HB0001 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB0001 Fiscal Notes PDF10/27/2007