STATE BILLTN SB 539PASSED

AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68, relative to low-income housing.

State of Tennessee

As enacted, establishes the process for property tax assessment and valuation of multi-unit rental housing that receives a federal, state, or local incentive based on low-income renter restrictions. - Amends TCA Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68.

Status
Passed
Signed or otherwise enacted
Status date
May 27, 2026
169 days ago
Current chamber
Senate
Session
2025-2026 Regular Session
TN SB 539 · PassedMay 27

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Bill details

Last action
Effective date(s) 05/22/2026, 07/01/2026 · May 27, 2026

Sponsors

JSJohn StevensSenator · Republican · SD-024Primary sponsor
PBPaul BaileySenator · Republican · SD-015
SRShane ReevesSenator · Republican · SD-014

Bill history

Newest first.

May 27, 2026Effective date(s) 05/22/2026, 07/01/2026
May 27, 2026Pub. Ch. 1053
May 22, 2026Signed by Governor.Senate
May 11, 2026Transmitted to Governor for action.Senate
May 7, 2026Signed by H. SpeakerHouse
Apr 30, 2026Signed by Senate SpeakerSenate
Apr 29, 2026Enrolled and ready for signaturesSenate
Apr 24, 2026Sponsor(s) Added.Senate
Show 22 earlier actions
Apr 22, 2026Passed H., Ayes 69, Nays 15, PNV 7House
Apr 22, 2026Am. withdrawn. (Amendment 1 - HA1162)House
Apr 22, 2026Subst. for comp. HB.House
Apr 22, 2026Engrossed; ready for transmission to HouseSenate
Apr 22, 2026Passed Senate as amended, Ayes 30, Nays 0Senate
Apr 22, 2026Senate adopted Amendment (Amendment 1 - SA0869)Senate
Apr 21, 2026Placed on Senate Regular Calendar for 4/22/2026Senate
Mar 25, 2026Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 5, Nays 4 PNV 0Senate
Mar 25, 2026Placed on Senate State and Local Government Committee calendar for 3/25/2026Senate
Mar 24, 2026Placed on Senate State and Local Government Committee calendar for 3/25/2026Senate
Mar 24, 2026Action deferred in Senate State and Local Government Committee to 3/25/2026Senate
Mar 18, 2026Placed on Senate State and Local Government Committee calendar for 3/24/2026Senate
Mar 17, 2026Action deferred in Senate State and Local Government Committee to 3/24/2026Senate
Mar 11, 2026Placed on Senate State and Local Government Committee calendar for 3/17/2026Senate
Mar 11, 2025Assigned to General Subcommittee of Senate State and Local Government CommitteeSenate
Mar 4, 2025Placed on Senate State and Local Government Committee calendar for 3/11/2025Senate
Feb 28, 2025Sponsor(s) Added.Senate
Feb 25, 2025Action deferred in Senate State and Local Government Committee to 3/11/2025Senate
Feb 18, 2025Placed on Senate State and Local Government Committee calendar for 2/25/2025Senate
Feb 12, 2025Passed on Second Consideration, refer to Senate State and Local Government CommitteeSenate
Feb 10, 2025Introduced, Passed on First ConsiderationSenate
Jan 30, 2025Filed for introductionSenate

Recorded votes

SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 5, Nays 4 PNV 0Mar 25, 2026 · Senate · 5 yea · 4 nayPassed
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATIONApr 22, 2026 · House · 69 yea · 15 nayPassed
FLOOR VOTE: as Amended Third ConsiderationApr 22, 2026 · Senate · 30 yea · 0 nayPassed

Subjects

  • Taxes, Real Property

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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