Taxes, Ad Valorem - As introduced, creates the commercial development board; with respect to new commercial property developed by private entities in certain taxing jurisdictions, authorizes the private entities to enter into agreements for payments in lieu of ad valorem taxes and leases with the commercial development board. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 9; Title 13; Title 48 and Title 67.
1
What it does
Plain-language analysis is being updated.
Use the official record and source text while enrichment finishes.
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 19Recommended for passage, refer to Senate State and Local Government CommitteeLatest
Vote recorded SENATE GOVERNMENT OPERATIONS COMMITTEE: Recommended for passage, refer to Senate State and Local Government Committee 3/19/2025 Passed. Result: pass.Upper
Mar 12Placed on Senate Government Operations Committee calendar for 3/19/2025
Feb 10Passed on Second Consideration, refer to Senate Government Operations CommitteeMinor
Jan 27Introduced, Passed on First ConsiderationMinor