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TN HB0608

TN HB0608
AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7; Title 13; Title 54 and Title 66, relative to real property development.


summary

Introduced
01/30/2025
In Committee
02/05/2025
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, prohibits the state or a local or municipal government from requiring a builder or developer of real property to pay for the building or development of infrastructure that is nonessential to the development, maintenance, or growth of the builder's development property. - Amends TCA Title 5; Title 6; Title 7; Title 13; Title 54 and Title 66.

AI Summary

This bill prohibits state and local governments from forcing builders or developers to pay for infrastructure that isn't directly necessary for their specific development project, including any infrastructure not located on or adjacent to their property. "Development property" refers to real estate being built or improved, specifically for residential developments of fewer than 300 single-family homes or multi-family residences with under 500 units. "Infrastructure" is defined broadly to include roads, utilities like electrical and internet lines, and other related features. "Nonessential infrastructure" is any of these items not required for the creation, maintenance, or growth of the builder's development. The bill also clarifies that it does not alter existing tax, zoning, or permitting laws and will take effect on July 1, 2025, applying to new or amended contracts from that date forward.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Assigned to s/c Cities & Counties Subcommittee (on 02/05/2025)

bill text


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