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Bill > HB1846
TN HB1846
TN HB1846AN ACT to amend Tennessee Code Annotated, Section 11-14-307; Section 11-14-406; Section 11-7-109; Title 66; Section 67-4-409; Title 67, Chapter 5, Part 10 and Section 67-5-2402, relative to rollback taxes.
summary
Introduced
01/21/2026
01/21/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, eliminates liability for rollback taxes on agricultural, forest, or open space land with a greenbelt classification when the land is sold; requires that a buyer of property with a greenbelt classification submit a new application to renew the property's greenbelt classification. - Amends TCA Section 11-14-307; Section 11-14-406; Section 11-7-109; Title 66; Section 67-4-409; Title 67, Chapter 5, Part 10 and Section 67-5-2402.
AI Summary
This bill amends Tennessee law to eliminate the requirement for rollback taxes, which are penalties assessed when land previously classified for agricultural, forest, or open space purposes (often referred to as "greenbelt" classification) is sold and no longer meets those criteria. Specifically, it removes the liability for these taxes when such land is sold, regardless of whether the new owner successfully renews the greenbelt classification. However, the bill does require that a buyer of property with a greenbelt classification must submit a new application to renew that classification, ensuring that the land continues to meet the requirements for its special tax status. This change applies to property sales occurring on or after July 1, 2026.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (10)
Ed Butler (R)*,
Fred Atchley (R),
Jody Barrett (R),
Monty Fritts (R),
Rusty Grills (R),
Chris Hurt (R),
Tom Stinnett (R),
Chris Todd (R),
Greg Vital (R),
Todd Warner (R),
Last Action
Assigned to s/c Finance, Ways, and Means Subcommittee (on 02/17/2026)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1846&ga=114 |
| Fiscal Note - SB1824 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB1824.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB1846.pdf |
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