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Bill > SB0393


TN SB0393

TN SB0393
As enacted, decreases the frequency that banks that collect property taxes must provide evidence of such payments to the trustee, from daily to at least every three business days; deletes an obsolete code section; deletes outdated references to penalties that are no longer applied. - Amends TCA Title 67, Chapter 5.


summary

Introduced
01/31/2019
In Committee
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
05/09/2019

Introduced Session

111th General Assembly

Bill Summary

As enacted, decreases the frequency that banks that collect property taxes must provide evidence of such payments to the trustee, from daily to at least every three business days; deletes an obsolete code section; deletes outdated references to penalties that are no longer applied. - Amends TCA Title 67, Chapter 5.

AI Summary

This bill decreases the frequency that banks collecting property taxes must provide evidence of such payments to the trustee, from daily to at least every three business days. It also deletes an obsolete code section and outdated references to penalties that are no longer applied. The bill amends Title 67, Chapter 5 of the Tennessee Code Annotated.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Comp. became Pub. Ch. 220 (on 05/09/2019)

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