SB3942 - Tennessee - Taxes, Real Property

Companion Bill HB3729. Taxes, Real Property - Revises property tax provisions in regard to remedies and assessments under appeal; places restrictions on judicial review of certain exemptions. - Amends TCA Section 67-5-1511; Section 67-5-1512, and Section 67-5-1806. Fiscal Summary for SB3942 / *HB3729 Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Increase Local Revenue - Not Significant Bill Summary for SB3942 / *HB3729 Present law provides that the action of the state board of equalization is final and conclusive as to all matters passed upon by the board, subject to judicial review. This bill places restrictions on judicial review of actions by the state board of equalization. Under this bill, judicial review would not be available as to property tax exemptions requiring application to the state [...]

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