Tennessee House Bill HB2624

Tennessee 2023-2024 Regular Session

• Introduced: 1/31/24
• Refer: 2/5/24
• Refer: 3/20/24
• Refer: 4/2/24
• Refer: 4/17/24
• Engrossed: 4/22/24
• Enrolled: 4/24/24
• Passed: 5/21/24
• Chaptered: 5/28/24

Caption

AN ACT to amend Tennessee Code Annotated, Title 5; Title 8; Title 13; Title 26 and Title 67, relative to delinquent property taxes.

Impact

The implications of HB 2624 could impact local governments and taxing entities significantly. By clarifying the priorities associated with tax sale proceeds and establishing explicit obligations for delinquent tax attorneys, the legislation may promote a more efficient collection process and ensure that government entities can recover owed amounts more effectively. Additionally, the bill grants county mayors more authority regarding the management of acquired properties, allowing for a more direct involvement in public land use decisions, potentially fostering better local governance.

Summary

House Bill 2624 focuses on amending sections of the Tennessee Code Annotated related to delinquent property taxes. It introduces various changes aimed at streamlining the process of tax sales and enhancing the management of properties acquired by governmental entities. The bill establishes clearer procedures for the sale of properties due to unpaid taxes, ensuring that the sale proceeds are appropriately distributed among involved parties. It aims to facilitate the return of parcels to the tax rolls or put them to beneficial public use, highlighting a proactive approach in managing delinquent tax properties.

Sentiment

The sentiment surrounding HB 2624 appears generally favorable among supporters who view it as a necessary step towards efficient property tax management and increased local government authority. However, some concerns exist regarding the potential for overreach and the implications of giving more power to local governments in retaining and managing tax-delinquent properties. The dialogue suggests a balance between facilitating tax collection and ensuring that local governments remain accountable in their property management decisions.

Contention

Notable points of contention include the expanded authority provided to county mayors and the potential for local governments to act without sufficient oversight. Critics argue that while the bill may streamline processes, it could also lead to decisions that may not prioritize community needs or transparency in managing public assets. Specific provisions allowing for expedited procedures in managing properties from tax sales have raised questions regarding their effects on public accountability and the fairness of the taxing system.