Tennessee · 114

HB 1716

Taxes, Real Property - As introduced, sets the value of residential property for tax purposes at the higher of the most recent price paid for the property or the value attributed to the property by a financial institution when the owner refinances the mortgage on the property or otherwise uses the property as collateral for a loan; prohibits the sale of real property used by the owner as a principal place of residence for 10 years or more to satisfy a tax debt. - Amends TCA Title 26 and Title 67.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

Tennessee HB 1716 proposes setting the tax value of residential property at the higher of the most recent purchase price or the value assigned by a financial institution during refinancing or when used as loan collateral. The bill also prohibits selling a principal residence owned for 10 years or more to satisfy tax debts. It amends TCA Title 26 and Title 67.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors

Roll-call votes on this bill

QuestionChamberResultYeaNayOtherDateSource
HOUSE CITIES & COUNTIES SUBCOMMITTEE: Failed in s/c Cities & Counties… lower fail 0 0 0 Mar 4, 2026 Open States bulk CSV (bills/votes) CC0-1.0