Tennessee · 114th Regular Session (2025-2026) · Bill
SB 539: Taxes, Real Property - 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.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 539 is a bill introduced in the Tennessee Senate on January 30, 2025. According to its official title, it concerns: Taxes, Real Property - 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. Primary sponsor: Stevens. Most recent recorded action (May 27, 2026): Pub. Ch. 1053.
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
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Stevens | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Pub. Ch. 1053
- Effective date(s) 05/22/2026, 07/01/2026
- Signed by Governor.
- Transmitted to Governor for action.
- Signed by H. Speaker
- Signed by Senate Speaker
- Enrolled and ready for signatures
- Sponsor(s) Added.
- Senate adopted Amendment (Amendment 1 - SA0869)
- Passed Senate as amended, Ayes 30, Nays 0
- Engrossed; ready for transmission to House
- Subst. for comp. HB.
Showing 12 most recent of 30 actions. Full history