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Bill > HB2406
TN HB2406
TN HB2406AN ACT to amend Tennessee Code Annotated, Section 67-5-212, relative to property tax exemptions.
summary
Introduced
02/03/2026
02/03/2026
In Committee
03/18/2026
03/18/2026
Crossed Over
Passed
Dead
04/24/2026
04/24/2026
Introduced Session
Potential new amendment
114th General Assembly
Bill Summary
As introduced, increases exemption to a maximum of 400 acres for certain nonprofit entities. - Amends TCA Section 67-5-212.
AI Summary
This bill amends Tennessee Code Annotated, Section 67-5-212, to increase the property tax exemption for certain nonprofit entities that own or operate a "premier type tourist resort," as defined by state law, to a maximum of 400 acres. This means that these specific types of nonprofit organizations will now be able to claim a property tax exemption on up to 400 acres of land they own or operate, which is an increase from a previous, unspecified limit.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Taken off notice for cal. in State & Local Government Committee (on 04/13/2026)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Tourism and Travel
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=HB2406&ga=114 | 02/03/2026 |
| Amendment 1-0 to SB2054 | https://www.capitol.tn.gov/Bills/114/Amend/SA0624.pdf | 03/11/2026 |
| Fiscal Memo for SA0624 (13227) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM1555.pdf | 03/11/2026 |
| Fiscal Note - SB2054 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB2054.pdf | 02/20/2026 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB2406.pdf | 02/03/2026 |
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