TennesseeTaxes, Real Property - As introduced, enacts the "Local Government Revenue Stability Act," which replaces property taxes with a statewide 4 percent surtax on the sale of goods and services to be collected in the same manner as the sales and use tax and disbursed to local governments. - Amends TCA Title 5; Title 6; Title 7; Title 49; Title 54 and Title 67.
What it does
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 5Passed on Second Consideration, refer to Senate State and Local Government CommitteeLatest
- Feb 2Introduced, Passed on First ConsiderationMinor
- Jan 22Filed for introductionIntroduced