TennesseeSB 1673114th General Assembly (2025-2026)Senate

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 66 and Title 67, relative to state assessed properties.

Sponsored By: Sponsor information unavailable

Signed by Governor

Comptroller, State

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Transportation companies face new property tax rules

Effective upon becoming law, Tennessee limits its motor bus and truck category for state property assessments to two groups. Towing companies are excluded. The first group runs commercial vehicles only for hire and holds U.S. Department of Transportation registrations through Tennessee’s PRISM system or the Federal Motor Carrier Safety Administration. These companies must be based in Tennessee, own or lease property there, or both. Owner-operators working under a company’s motor carrier authority are included. The second group transports passengers mainly through underground tunnels or conduit systems. These companies must own and operate the tunnels and own, use, or lease the passenger vehicles. Their required filings with the Tennessee Comptroller must list all tangible personal property owned, used, or leased for the business. Filings must also describe company-owned tunnels and stations, including locations and length in miles. Companies must report total direct and indirect costs of becoming operational and any other information the Comptroller reasonably requires. The law does not specify a tax increase, tax cut, or household payment.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Reeves

    Affiliation unavailable

  • Ken Yager

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 125 • No: 6

House vote • 3/16/2026

FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/16/2026

Yes: 93 • No: 0

Senate vote • 3/9/2026

FLOOR VOTE: as Amended Third Consideration 3/9/2026

Yes: 26 • No: 4

Senate vote • 3/3/2026

SENATE STATE & LOCAL GOVERNMENT COMMITTEE

Yes: 6 • No: 2

Actions Timeline

  1. Effective date(s) 04/01/2026

    4/6/2026
  2. Pub. Ch. 649

    4/6/2026
  3. Signed by Governor.

    4/1/2026Senate
  4. Transmitted to Governor for action.

    3/20/2026Senate
  5. Signed by H. Speaker

    3/19/2026House
  6. Signed by Senate Speaker

    3/18/2026Senate
  7. Enrolled and ready for signatures

    3/17/2026Senate
  8. Passed H., Ayes 93, Nays 0, PNV 1

    3/16/2026House
  9. Am. withdrawn. (Amendment 1 - HA0629)

    3/16/2026House
  10. Subst. for comp. HB.

    3/16/2026House
  11. Rcvd. from S., held on H. desk.

    3/12/2026House
  12. Engrossed; ready for transmission to House

    3/9/2026Senate
  13. Sponsor(s) Added.

    3/9/2026Senate
  14. Passed Senate as amended, Ayes 26, Nays 4, PNV 2

    3/9/2026Senate
  15. Senate adopted Amendment (Amendment 1 - SA0550)

    3/9/2026Senate
  16. Placed on Senate Regular Calendar for 3/9/2026

    3/6/2026Senate
  17. Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 6, Nays 2 PNV 0

    3/3/2026Senate
  18. Placed on Senate State and Local Government Committee calendar for 3/3/2026

    2/24/2026Senate
  19. Sponsor(s) Added.

    2/20/2026Senate
  20. Passed on Second Consideration, refer to Senate State and Local Government Committee

    1/21/2026Senate
  21. Introduced, Passed on First Consideration

    1/15/2026Senate
  22. Filed for introduction

    1/14/2026Senate

Bill Text

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