SB1422 — Taxes - As introduced, reduces from 10 to eight years the amount of time that a charitable institution must own and maintain property on the National Register of Historical Places prior to applying for a 100 percent exemption from property taxation in counties and municipalities offering such exemption. - Amends TCA Title 67, Chapter 5.

SB1422 — Taxes - As introduced, reduces from 10 to eight years the amount of time that a charitable institution must own and maintain property on the National Register of Historical Places prior to applying for a 100 percent exemption from property taxation in counties and municipalities offering such exemption. - Amends TCA Title 67, Chapter 5. · Informed CitizenrySB1422 amends Tennessee Code Annotated Title 67, Chapter 5, to reduce the required ownership and maintenance period for a charitable institution to qualify for a 100 percent property tax exemption.…Open in Informed Citizenry