SB2502 — Taxes, Ad Valorem - As introduced, deletes obsolete language requiring property tax to be used for state purposes; adds property assessors from each of the grand divisions to the state board of equalization. - Amends TCA Section 4-3-5101 and Title 67, Chapter 5.

SB2502 — Taxes, Ad Valorem - As introduced, deletes obsolete language requiring property tax to be used for state purposes; adds property assessors from each of the grand divisions to the state board of equalization. - Amends TCA Section 4-3-5101 and Title 67, Chapter 5. · Informed CitizenryThis bill amends Tennessee Code Annotated Section 67-5-101 and Section 4-3-5101 regarding property tax. It removes language requiring property to be assessed for state purposes, specifying that rea…Open in Informed Citizenry