Tennessee · 114th Regular Session (2025-2026) · Bill

SB 198: Taxes, Real Property - As enacted, authorizes, until June 30, 2041, a county or municipality that levies a property tax to pay a property tax refund owed to a taxpayer through annual installments applied as credits against the taxpayer's future property taxes if certain criteria are met. - Amends TCA Title 67.

Enacted Last action May 27, 2026: Pub. Ch. 1049

Plain-language summary

SB 198 is a bill introduced in the Tennessee Senate on January 16, 2025. According to its official title, it concerns: Taxes, Real Property - As enacted, authorizes, until June 30, 2041, a county or municipality that levies a property tax to pay a property tax refund owed to a taxpayer through annual installments applied as credits against the taxpayer's future property taxes if certain criteria are met. - Amends TCA Title 67. Primary sponsor: Ferrell Haile (Republican). Most recent recorded action (May 27, 2026): Pub. Ch. 1049.

Sponsors

Primary sponsor: Ferrell Haile (Republican).