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SB 1456

Hardeman County - Subject to local approval, increases, from 85 percent to 92 percent, the assumed property tax collection rate in setting the general tax rate for the county general fund and creating a county budget that covers expenditures for the next appropriation year. - Amends Chapter 68 of the Private Acts of 1937; as amended.

114th Regular Session (2025-2026) Introduced by Page Walley

Hardeman County can increase property tax collection assumption from 85% to 92% for budgeting, allowing more revenue allocation or potential tax reductions pending local approval.

Comp. became Pr. Ch. 25
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Bill Summary · SB 1456

Legislative bill overview

SB 1456 allows Hardeman County to increase its assumed property tax collection rate from 85% to 92% when calculating the county general fund tax rate and budget, subject to local voter approval. This means the county would base its budget projections on collecting a higher percentage of assessed property taxes rather than assuming 15% non-collection.

Why is this important

Property tax collection rates directly affect county budgets and service funding. By assuming higher collections, the county can either reduce tax rates or allocate more revenue to services without increasing taxes. However, this assumes better collection performance and carries risk if actual collections fall short of projections, potentially creating budget shortfalls.

Potential points of contention

  • Collection risk: If actual collection rates don't reach 92%, the county could face mid-year budget cuts or service reductions
  • Tax burden perception: Higher assumed collections may allow tax rate reductions that could mask the true tax burden or make future increases seem more dramatic
  • Local control: Despite being a local bill, it changes budgeting assumptions that affect all county residents and services dependent on general fund revenue

Compiled from official sources — confirm details with the bill’s official record.

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