Taxes, Personal Property

Plain English Breakdown

The bill has been withdrawn, which affects its current applicability and future implementation.

Tennessee Property Tax Collection Act

This bill allows county tax officials to choose not to send bills or collect personal property taxes under $20 if certain conditions are met.

What This Bill Does

• Allows the county trustee or other tax collector to choose not to send a bill for personal property taxes that are less than $20.
• Gives the tax collector the option to not refer these small unpaid taxes for further collection actions.
• Permits the tax collector to cancel any penalties or interest on late payments of these small taxes.
• Requires the tax collector to keep records of these small taxes and allows them to be collected later if other related taxes are paid.

Who It Names or Affects

• County trustees and property tax collecting officials in Tennessee.
• Taxpayers with personal property taxes under $20.

Terms To Know

De minimis

Very small or insignificant, often too minor to be concerned about legally.

Abate

To reduce or remove something, like penalties or interest on a tax bill.

Limits and Unknowns

• The bill only applies if the county trustee is authorized by local laws to do so.
• It does not change how taxes over $20 are handled.
• This act was withdrawn and its status is unclear.

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

<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.