Tennessee · 114
SB 1760
Real Property - As enacted, authorizes a tax increment agency to enter into a taxpayer agreement relative to a plan area after obtaining a written statement executed by each holder of an existing, previously recorded mortgage or deed of trust on the property securing indebtedness and in which each holder consents to the taxpayer agreement and indicates that the assessment does not constitute an event of default under the existing mortgage or deed of trust. - Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
Tennessee SB 1760 authorizes a tax increment agency to enter into a taxpayer agreement for a plan area after securing written consent from every holder of an existing, recorded mortgage or deed of trust on the property. This consent must confirm that the assessment does not constitute an event of default under the existing loan documents. The bill amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.
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
- Richard Briggs Republican lead
Roll-call votes on this bill
| Question | Chamber | Result | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|
| SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with… | upper | pass | 0 | 0 | 0 | Mar 31, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |