SB 1961: Taxes, Ad Valorem - As introduced, requires the notification submitted by the director of the division of property assessments to the commissioner of finance and administration of the default by a county or city in the repayment of a loan provided by the state to finance the city's or county's real property reappraisal program to be in writing. - Amends TCA Title 67, Chapter 5.

Plain-language summary

SB 1961 is a bill introduced in the Tennessee Senate on January 22, 2026. According to its official title, it concerns: Taxes, Ad Valorem - As introduced, requires the notification submitted by the director of the division of property assessments to the commissioner of finance and administration of the default by a county or city in the repayment of a loan provided by the state to finance the city's or county's real property reappraisal program to be in writing. - Amends TCA Title 67, Chapter 5. Primary sponsor: Mark Pody (Republican). Most recent recorded action (March 3, 2026): Assigned to General Subcommittee of Senate State & Local Government Committee.

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