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

SB 2526: County Government - As introduced, authorizes a county to sell surplus, obsolete, or unusable real property in an arms-length transaction to a third party for a price not less than its fair market value as determined by at least two state-licensed appraisers without requiring public auction or sealed bids, upon approval by a majority vote of the county legislative body. - Amends TCA Title 5, Chapter 14, Part 1 and Section 5-21-130.

In committee Last action February 5, 2026: Passed on Second Consideration, refer to Senate State and Local Government Committee

Plain-language summary

SB 2526 is a bill introduced in the Tennessee Senate on February 2, 2026. According to its official title, it concerns: County Government - As introduced, authorizes a county to sell surplus, obsolete, or unusable real property in an arms-length transaction to a third party for a price not less than its fair market value as determined by at least two state-licensed appraisers without requiring public auction or sealed bids, upon approval by a majority vote of the county legislative body. - Amends TCA Title 5, Chapter 14, Part 1 and Section 5-21-130. Primary sponsor: Tom Hatcher (Republican). Most recent recorded action (February 5, 2026): Passed on Second Consideration, refer to Senate State and Local Government Committee.

Sponsors

Primary sponsor: Tom Hatcher (Republican).