Tennessee House Bill HB2161

Tennessee 2023-2024 Regular Session

• Introduced: 1/25/24

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to taxation.

Impact

This bill specifically impacts the taxation framework within metropolitan counties in Tennessee. By introducing a minimum threshold for partial payments, it seeks to streamline the payment process for residents and taxpayers. The intention behind this legislation could potentially alleviate some financial burdens on taxpayers who may face difficulties in making full payments at once, thus promoting better compliance and revenue collection for local governments.

Summary

House Bill 2161 proposes amendments to various sections of the Tennessee Code Annotated, specifically focused on taxation laws. The bill establishes a revised minimum requirement that can be set for partial payments in counties with a metropolitan form of government and a population exceeding 500,000 based on the 2020 federal census or any subsequent census. The new requirement stipulates a maximum of either 15% of the total due or $20.00, whichever is lesser. This change aims to provide clarity and uniformity for financial assessments in larger urban areas.

Contention

While the bill has been designed to ease tax payment procedures, it may raise points of contention regarding its implications for local governance. Opponents might argue that imposing such regulations could limit the ability of local officials to tailor tax assessments and payment structures that best fit their unique community needs. Ensuring that metropolitan areas retain autonomy over their taxation policies remains a central concern, and discussions around the balance between state mandates and local control are likely to emerge as the bill moves through the legislative process.