Tennessee HB 1980: Taxes, Ad Valorem - As enacted, authorizes a charitable nonprofit corporation located in Knox County or within a municipality located within Knox County that acquires replacement property which is operated as a licensed residential home for the aged, to claim and file a property tax exemption as a religious, charitable, scientific, or nonprofit educational institution. - Amends TCA Title 67, Chapter 5.

Status: Comp. became Pub. Ch. 1028 (as of 2024-05-31)

State: Tennessee · Session: 113 · Bill: HB 1980

Subjects: Ad Valorem, Taxes

Sponsors: Wright

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