Top Legislation - View All
Latest Action: 05/15/2007 - Companion became Public Chapter 111 Bill TextTaxes, Ad Valorem - Permits taxpayers and owners of commercial and industrial property in Hamilton County to appeal valuation of such property directly to the state board of equalization with the written consent of the assessor of property. - Amends TCA Section 67-5-1412. Fiscal Summary for *HB0923 / SB1309 Increase State Revenues - Not Significant Decrease Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
Latest Action: 06/26/2007 - Public Chapter 449 Bill TextCompanion Bill SB1300. Taxes, Ad Valorem - Imposes additional reporting requirements on lessees of industrial development corporations concerning payments in lieu of taxes; requires lessees of public building authorities, sports authorities, enterprise zone development corporations, tax increment financing projects, and city and county property to make same reports to the state board of equalization. - Amends TCA Title 7, Chapters 53 through 67; Title 13, Chapters 20 through 23 and Title 67, Chapter 5. Fiscal Summary for *HB0930 / SB1300 Increase State Expenditures - Exceeds $170,000 Increase Local Govt. Expenditures - Not Significant Bill Summary for *HB0930 / SB1300 Present law requires industrial development corporation lessees to submit an annual report to the state board of equalization by October 1 of each year. This report must contain [...] show full description
Latest Action: 04/25/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee Bill TextCompanion Bill SB1130. Taxes, Ad Valorem - Requires property taxes to be fixed by the county or municipal legislative body unless the voters of the county have determined by referendum that all increases in property tax rates must be approved through a referendum; authorizes the referendum process. - Amends TCA Title 5; Title 6; Title 7; Title 67, Chapter 6, Part 1 and Title 67, Chapter 5. Fiscal Summary for HB1239 / *SB1130 Increase Local Govt. Expenditures - Not Significant Bill Summary for HB1239 / *SB1130 Under present law, counties and cities may impose property taxes. Generally, the local government fixes the tax rate every year. This bill allows local governments to set their tax rates by referendum (meaning the voters will determine the rate) if the county has first determined, by referendum, that all increases in property [...] show full description
Latest Action: 05/09/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee Bill TextCompanion 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 [...] show full description
Latest Action: 05/15/2007 - Public Chapter 98 Bill TextTaxes, Ad Valorem - Adds Decatur County to list of counties where taxpayer cannot make direct appeal of value of property to state board of equalization. - Amends TCA Section 67-5-1412. Fiscal Summary for HB1909 / *SB1557 (Corrected) Decrease State Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
Latest Action: 05/10/2007 - Assigned to Gen. Sub of Senate Tax Sub Comm. Bill TextCompanion Bill HB1578. 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 *SB0757 / HB1578 Increase Local Govt. Expenditures - Not Significant Increase Local Govt. Revenues - $8,400,000 Bill Summary for *SB0757 / HB1578 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 [...] show full description
Latest Action: 04/24/2007 - Assigned to Gen. Sub of: Senate S&L Govt. Comm. Bill TextCompanion Bill HB1239. Taxes, Ad Valorem - Requires property taxes to be fixed by the county or municipal legislative body unless the voters of the county have determined by referendum that all increases in property tax rates must be approved through a referendum; authorizes the referendum process. - Amends TCA Title 5; Title 6; Title 7; Title 67, Chapter 6, Part 1 and Title 67, Chapter 5. Fiscal Summary for *SB1130 / HB1239 Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB1130 / HB1239 Under present law, counties and cities may impose property taxes. Generally, the local government fixes the tax rate every year. This bill allows local governments to set their tax rates by referendum (meaning the voters will determine the rate) if the county has first determined, by referendum, that all increases in property [...] show full description
Latest Action: 06/26/2007 - Companion became Public Chapter 449 Bill TextCompanion Bill HB0930. Taxes, Ad Valorem - Imposes additional reporting requirements on lessees of industrial development corporations concerning payments in lieu of taxes; requires lessees of public building authorities, sports authorities, enterprise zone development corporations, tax increment financing projects, and city and county property to make same reports to the state board of equalization. - Amends TCA Title 7, Chapters 53 through 67; Title 13, Chapters 20 through 23 and Title 67, Chapter 5. Fiscal Summary for SB1300 / *HB0930 Increase State Expenditures - Exceeds $170,000 Increase Local Govt. Expenditures - Not Significant Bill Summary for SB1300 / *HB0930 Present law requires industrial development corporation lessees to submit an annual report to the state board of equalization by October 1 of each year. This report must contain [...] show full description
Latest Action: 05/15/2007 - Public Chapter 111 Bill TextTaxes, Ad Valorem - Permits taxpayers and owners of commercial and industrial property in Hamilton County to appeal valuation of such property directly to the state board of equalization with the written consent of the assessor of property. - Amends TCA Section 67-5-1412. Fiscal Summary for SB1309 / *HB0923 Increase State Revenues - Not Significant Decrease Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
Latest Action: 05/15/2007 - Companion became Public Chapter 98 Bill TextTaxes, Ad Valorem - Adds Decatur County to list of counties where taxpayer cannot make direct appeal of value of property to state board of equalization. - Amends TCA Section 67-5-1412. Fiscal Summary for *SB1557 / HB1909 (Corrected) Decrease State Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
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Latest Legislation - View All
Latest Action: 01/23/2008 - Passed second consideration, Referred to Senate S&L Govt. Comm. Bill TextCompanion Bill HB2463. Assessors - Requires assessors of property to be state certified general appraisers elected or appointed after September 1, 2010; requires deputy assessors appointed after September 1, 2020, to be state licensed or certified appraisers or to be real estate appraiser trainees; requires division of property assessment to employ state certified general appraisers to supervise assessment of property. - Amends TCA Title 5; Title 6; Title 7; Title 8 and Title 67. Fiscal Summary for SB3563 / *HB2463 Increase State Expenditures - Exceeds $98,300 FY08-09, FY09-10 Exceeds $26,000/ Recurring FY10-11 and Thereafter Increase Local Govt. Expenditures* - Exceeds $677,600 FY08-09, FY09-10, FY10-11 Exceeds $227,100/ Recurring FY11-12 and Thereafter Bill [...] show full description
Latest Action: 04/22/2008 - Companion became Public Chapter 694 Bill TextCompanion Bill SB3052. Industrial Development - Exempts from ad valorem taxes certain headquarters facilities in Shelby County that agree to make payments to a municipality in lieu of special assessments. - Amends TCA Title 7, Chapter 53 and Title 7, Chapter 84. Fiscal Summary for HB3121 / *SB3052 Foregone Local Revenue - Exceeds $50,000 Bill Summary for HB3121 / *SB3052 Under present law, a municipality may delegate to an industrial development corporation the authority to negotiate and accept from the corporation's lessees, payments in lieu of ad valorem taxes. With regard to any project located within an area designated as the center-city area by a municipality in which there has been created a central business improvement district, the amount of such payments may not be fixed below the lesser of: (1) Ad valorem taxes otherwise [...] show full description
Latest Action: 04/22/2008 - Public Chapter 694 Bill TextCompanion Bill HB3121. Industrial Development - Exempts from ad valorem taxes certain headquarters facilities in Shelby County that agree to make payments to a municipality in lieu of special assessments. - Amends TCA Title 7, Chapter 53 and Title 7, Chapter 84. Fiscal Summary for *SB3052 / HB3121 Foregone Local Revenue - Exceeds $50,000 Bill Summary for *SB3052 / HB3121 Under present law, a municipality may delegate to an industrial development corporation the authority to negotiate and accept from the corporation's lessees, payments in lieu of ad valorem taxes. With regard to any project located within an area designated as the center-city area by a municipality in which there has been created a central business improvement district, the amount of such payments may not be fixed below the lesser of: (1) Ad valorem taxes otherwise [...] show full description
Latest Action: 01/23/2008 - Assigned to Subcommittee Local Government of S&LG Bill TextCompanion Bill SB3563. Assessors - Requires assessors of property to be state certified general appraisers elected or appointed after September 1, 2010; requires deputy assessors appointed after September 1, 2020, to be state licensed or certified appraisers or to be real estate appraiser trainees; requires division of property assessment to employ state certified general appraisers to supervise assessment of property. - Amends TCA Title 5; Title 6; Title 7; Title 8 and Title 67. Fiscal Summary for *HB2463 / SB3563 Increase State Expenditures - Exceeds $98,300 FY08-09, FY09-10 Exceeds $26,000/ Recurring FY10-11 and Thereafter Increase Local Govt. Expenditures* - Exceeds $677,600 FY08-09, FY09-10, FY10-11 Exceeds $227,100/ Recurring FY11-12 and Thereafter Bill [...] show full description
Latest Action: 05/15/2007 - Public Chapter 98 Bill TextTaxes, Ad Valorem - Adds Decatur County to list of counties where taxpayer cannot make direct appeal of value of property to state board of equalization. - Amends TCA Section 67-5-1412. Fiscal Summary for HB1909 / *SB1557 (Corrected) Decrease State Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
Latest Action: 05/09/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee Bill TextCompanion 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 [...] show full description
Latest Action: 05/15/2007 - Companion became Public Chapter 111 Bill TextTaxes, Ad Valorem - Permits taxpayers and owners of commercial and industrial property in Hamilton County to appeal valuation of such property directly to the state board of equalization with the written consent of the assessor of property. - Amends TCA Section 67-5-1412. Fiscal Summary for *HB0923 / SB1309 Increase State Revenues - Not Significant Decrease Local Govt. Expenditures - Not Significant Local Govt. Revenues - Net Impact - Not Significant
Latest Action: 06/26/2007 - Public Chapter 449 Bill TextCompanion Bill SB1300. Taxes, Ad Valorem - Imposes additional reporting requirements on lessees of industrial development corporations concerning payments in lieu of taxes; requires lessees of public building authorities, sports authorities, enterprise zone development corporations, tax increment financing projects, and city and county property to make same reports to the state board of equalization. - Amends TCA Title 7, Chapters 53 through 67; Title 13, Chapters 20 through 23 and Title 67, Chapter 5. Fiscal Summary for *HB0930 / SB1300 Increase State Expenditures - Exceeds $170,000 Increase Local Govt. Expenditures - Not Significant Bill Summary for *HB0930 / SB1300 Present law requires industrial development corporation lessees to submit an annual report to the state board of equalization by October 1 of each year. This report must contain [...] show full description
Latest Action: 04/25/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee Bill TextCompanion Bill SB1130. Taxes, Ad Valorem - Requires property taxes to be fixed by the county or municipal legislative body unless the voters of the county have determined by referendum that all increases in property tax rates must be approved through a referendum; authorizes the referendum process. - Amends TCA Title 5; Title 6; Title 7; Title 67, Chapter 6, Part 1 and Title 67, Chapter 5. Fiscal Summary for HB1239 / *SB1130 Increase Local Govt. Expenditures - Not Significant Bill Summary for HB1239 / *SB1130 Under present law, counties and cities may impose property taxes. Generally, the local government fixes the tax rate every year. This bill allows local governments to set their tax rates by referendum (meaning the voters will determine the rate) if the county has first determined, by referendum, that all increases in property [...] show full description
Latest Action: 04/24/2007 - Assigned to Gen. Sub of: Senate S&L Govt. Comm. Bill TextCompanion Bill HB1239. Taxes, Ad Valorem - Requires property taxes to be fixed by the county or municipal legislative body unless the voters of the county have determined by referendum that all increases in property tax rates must be approved through a referendum; authorizes the referendum process. - Amends TCA Title 5; Title 6; Title 7; Title 67, Chapter 6, Part 1 and Title 67, Chapter 5. Fiscal Summary for *SB1130 / HB1239 Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB1130 / HB1239 Under present law, counties and cities may impose property taxes. Generally, the local government fixes the tax rate every year. This bill allows local governments to set their tax rates by referendum (meaning the voters will determine the rate) if the county has first determined, by referendum, that all increases in property [...] show full description
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