HB 1892: 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.

Plain-language summary

HB 1892 is a bill introduced in the Tennessee House on January 22, 2026. According to its official title, it concerns: 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. Primary sponsor: Ryan Williams (Republican). Most recent recorded action (May 18, 2026): Pub. Ch. 915.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written