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Bill > SB1601
TN SB1601
TN SB1601AN ACT to amend Tennessee Code Annotated, Title 66, relative to residential landlord registries.
summary
Introduced
01/12/2026
01/12/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
114th General Assembly
Bill Summary
As introduced, authorizes a municipality to create and require the use of a landlord registry for a real estate investment trust that owns, operates, or finances 10 or more dwelling units located within the municipality. - Amends TCA Title 66.
AI Summary
This bill allows municipalities in Tennessee to establish and require a landlord registry for real estate investment trusts (REITs), which are entities that have a specific tax election under federal law, if they own, operate, or finance at least 10 dwelling units within that municipality. If a municipality adopts this requirement with a two-thirds vote of its governing body, the REIT must provide contact information for itself or its agent, along with the street address and unit number for each of its dwelling units within the municipality, to the local agency responsible for enforcing building codes, and this agency cannot charge a fee for this filing. REITs are also required to notify the agency of any changes in this information or ownership within 30 days, and failure to register or report changes can result in a $50 per week fine, though the REIT will have an opportunity to be heard at a hearing before any fine is assessed.
Committee Categories
Business and Industry, Government Affairs
Sponsors (1)
Last Action
Senate Revenue Subcommittee Of Finance, Ways & Means Hearing (00:00:00 3/3/2026 Cordell Hull Building) (on 03/03/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1601&ga=114 |
| Amendment 1-0 to HB1501 | https://www.capitol.tn.gov/Bills/114/Amend/HA0554.pdf |
| Fiscal Memo for HA0554 (12176) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM1426.pdf |
| Fiscal Note - HB1501 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1501.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB1601.pdf |
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