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Home > Tennessee > HB1578
Chief Sponsor:

Craig Fitzhugh

Tagged in: Taxes, Ad Valorem

Latest Update: Tuesday, November, 04th 2008

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Companion Bill SB0757. Taxes, Ad Valorem - Permits county or municipality to adjust certified tax calculation by up to 3 percent to account for a projected increase in the cost of services funded by property tax since the previous year; provided, that the adjustment is made by a method approved by the state board of equalization. - Amends TCA Title 67, Chapter 5, Part 17. Fiscal Summary for HB1578 / *SB0757 Increase Local Govt. Expenditures - Not Significant Increase Local Govt. Revenues - $8,400,000 Bill Summary for HB1578 / *SB0757 Present law provides that upon a general reappraisal of property as determined by the state board of equalization, the county assessor of property must certify to the governing bodies of the county and of each municipality within the county the total assessed value of taxable property within the jurisdiction of [...]

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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
HB1578 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB0757 Fiscal Notes PDF10/27/2007