HB974 — Taxes, Real Property - As introduced, requires that any property tax rate increase be passed by a two-thirds majority of the local legislative body at two consecutive, regularly scheduled meetings; authorizes referendum on the question of a property tax rate increase if the tax increase is not approved by a two-thirds vote of the local legislative body. - Amends TCA Title 67, Chapter 5.

HB974 — Taxes, Real Property - As introduced, requires that any property tax rate increase be passed by a two-thirds majority of the local legislative body at two consecutive, regularly scheduled meetings; authorizes referendum on the question of a property tax rate increase if the tax increase is not approved by a two-thirds vote of the local legislative body. - Amends TCA Title 67, Chapter 5. · Informed CitizenryHB974 amends the Tennessee Code to establish specific procedures for increasing property tax rates by county and municipal governing bodies. Under the proposed law, a tax rate exceeding the certifi…Open in Informed Citizenry