SB0285Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 35, relative to foreclosure sales.
Introduced by Paul Bailey, District 15
What does this bill do?
Plain-English breakdown
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Official description
As introduced, changes from a preponderance of the evidence to clear and convincing evidence the burden of proof for a debtor to prove that property sold at a foreclosure sale for an amount materially less than the fair market value in order to rebut the presumption that the foreclosure sale price of the property was equal to the fair market value at the time of sale. - Amends TCA Title 35.
Where it stands
Assigned to General Subcommittee of Senate Judiciary Committee
March 24, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Judiciary Committee
Placed on Senate Judiciary Committee calendar for 3/11/2025
Action deferred in Senate Judiciary Committee to 3/25/2025
Placed on Senate Judiciary Committee calendar for 3/24/2025
Assigned to General Subcommittee of Senate Judiciary Committee
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