SB0539Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68, relative to low-income housing.
Introduced by John Stevens, District 24
What does this bill do?
Plain-English breakdown
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Official description
As enacted, establishes the process for property tax assessment and valuation of multi-unit rental housing that receives a federal, state, or local incentive based on low-income renter restrictions. - Amends TCA Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68.
Where it stands
Effective date(s) 05/22/2026, 07/01/2026
May 27, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
2 recorded votes · each counted separately
SenateStage: FLOOR VOTE: as Amended Third Consideration · April 22, 2026
30
Yes
0
No
0
Absent or Not Voting
30 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Adam Lowe | 1 | Yes |
| Tom Hatcher | 2 | Yes |
| Rusty Crowe | 3 | Yes |
| Robert Harshbarger | 4 | Yes |
| Randy McNally | 5 | Yes |
| Becky Massey | 6 | Yes |
| Richard Briggs | 7 | Yes |
| Jessie Seal | 8 | Yes |
| Steve Southerland | 9 | Yes |
| Todd Gardenhire | 10 | Yes |
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate State and Local Government Committee
Placed on Senate State and Local Government Committee calendar for 2/25/2025
Action deferred in Senate State and Local Government Committee to 3/11/2025
Sponsor(s) Added.
Placed on Senate State and Local Government Committee calendar for 3/11/2025
Assigned to General Subcommittee of Senate State and Local Government Committee
Placed on Senate State and Local Government Committee calendar for 3/17/2026
Action deferred in Senate State and Local Government Committee to 3/24/2026
Placed on Senate State and Local Government Committee calendar for 3/24/2026
Action deferred in Senate State and Local Government Committee to 3/25/2026
Placed on Senate State and Local Government Committee calendar for 3/25/2026
Placed on Senate State and Local Government Committee calendar for 3/25/2026
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 5, Nays 4 PNV 0
Placed on Senate Regular Calendar for 4/22/2026
Senate adopted Amendment (Amendment 1 - SA0869)
Passed Senate as amended, Ayes 30, Nays 0
Engrossed; ready for transmission to House
Subst. for comp. HB.
Am. withdrawn. (Amendment 1 - HA1162)
Passed H., Ayes 69, Nays 15, PNV 7
Sponsor(s) Added.
Enrolled and ready for signatures
Signed by Senate Speaker
Signed by H. Speaker
Transmitted to Governor for action.
Signed by Governor.
Pub. Ch. 1053
Effective date(s) 05/22/2026, 07/01/2026
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