SB1979 — Taxes, Ad Valorem - As introduced, establishes procedure for classifying property as low-income housing property; requires such property be valued according to present use value; makes other related revisions. - Amends TCA Title 13 and Title 67.

SB1979 — Taxes, Ad Valorem - As introduced, establishes procedure for classifying property as low-income housing property; requires such property be valued according to present use value; makes other related revisions. - Amends TCA Title 13 and Title 67. · Informed CitizenrySB1979 establishes a procedure for property owners to apply for a 'low-income housing property' classification on county assessment rolls. This classification applies to property participating in f…Open in Informed Citizenry