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TN SB1983
TN SB1983AN ACT to amend Tennessee Code Annotated, Section 67-5-2701, relative to procedure for redemption of property.
summary
Introduced
01/22/2026
01/22/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, revises standards for the length of the redemption period for a property subject to a tax sale based on whether the period of delinquency is three years or less or is more than three years. - Amends TCA Section 67-5-2701.
AI Summary
This bill amends Tennessee Code Annotated, Section 67-5-2701, to change how long a property owner has to "redeem" their property after it has been sold due to unpaid taxes, a process known as a tax sale. The key change is that the length of this redemption period will now depend on how long the taxes were delinquent. Specifically, if the property was delinquent on taxes for three years or less, the owner will have one year from the date the sale is officially confirmed to redeem it; however, if the taxes were delinquent for more than three years, the owner will only have ninety days from the confirmation of the sale to redeem the property. This change will take effect on July 1, 2026, and will apply to any tax sales confirmed on or after that date.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Passed on Second Consideration, refer to Senate State and Local Government Committee (on 02/05/2026)
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=SB1983&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB1983.pdf |
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