Plain English Breakdown
The official source material does not provide specific details on the impact or enforcement mechanisms of the bill.
Real Property Development Act
This bill stops state, county, and city governments from making developers pay for nonessential infrastructure far from their development property.
What This Bill Does
- Defines 'development property' as real estate being built or improved upon for residential use with up to 300 single-family homes or up to 500 multi-family units.
- Lists what counts as 'infrastructure', including roads, bridges, utility lines, and other public works.
- Explains that 'nonessential infrastructure' is any infrastructure not needed for the development property's creation, maintenance, or growth, and includes anything not next to the property.
- Prohibits state, county, and city governments from requiring developers to fund nonessential infrastructure far from their development property.
Who It Names or Affects
- State, county, and municipal governments in Tennessee
- Landowners, developers, and builders working on residential developments
Terms To Know
- Development property
- Real estate being built or improved for up to 300 single-family homes or up to 500 multi-family units.
- Infrastructure
- Includes roads, bridges, utility lines, and other public works.
- Nonessential infrastructure
- Any infrastructure not needed for the development property's creation, maintenance, or growth, and is far from the property.
Limits and Unknowns
- The bill does not change tax laws, zoning rules, or permitting processes.
- It only applies to contracts signed, renewed, or changed on or after July 1, 2025.