<BillNo> <Sponsor>
SENATE BILL 783
By Gardenhire
SB0783
002546
- 1 -
AN ACT to amend Tennessee Code Annotated, Section
67-5-2013, relative to collection of property taxes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-5-2013, is amended by
designating the existing language as subsection (a) and adding the following new subsection
(b):
(1) With respect to a de minimus personal property tax totaling less than twenty
dollars ($20.00) as calculated with respect to a specific taxpayer, the county trustee or
other property tax collecting official may, if authorized by a private act, resolution, or
ordinance:
(A) Decline to bill the tax;
(B) Decline to refer the tax for further collection; or
(C) Abate any penalty or interest otherwise due for late payment of the
tax.
(2) The tax collecting official shall maintain a list of de minimus personal property
taxes by taxpayer account and by year, and the tax may be collected when a tax related
to the same account is tendered for a later year; provided, that such collection is not
barred by any applicable statute of limitations.
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.