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HB 1873

Taxes, Real Property - As introduced, requires a local governmental entity to hold a referendum to approve a property tax increase that exceeds specified thresholds. - Amends TCA Title 48 and Title 67, Chapter 5.

114th Regular Session (2025-2026) Introduced by Jason Zachary

Tennessee bill requiring local governments to hold voter referendums before approving property tax increases above specified thresholds, shifting tax approval from elected officials to the electorate.

Sponsor(s) Added.
#realproperty #taxes
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WeVote Research Nonpartisan
Bill Summary · HB 1873

Legislative bill overview

HB 1873 would require Tennessee local governments to hold public referendums before implementing property tax increases that exceed certain thresholds. The bill modifies state tax law (TCA Title 48 and Title 67) to establish voter approval requirements for significant local property tax hikes.

Why is this important

Property taxes directly affect homeowners' annual housing costs and local government funding for schools, infrastructure, and services. This bill would shift decision-making power from elected officials to voters on major tax increases, fundamentally changing how local governments fund operations and capital projects.

Potential points of contention

  • Fiscal impact on local services: Referendum requirements could delay or prevent needed tax increases, potentially affecting school funding, public safety, and infrastructure maintenance
  • Definition of "exceeds specified thresholds": The bill's specific percentage or amount triggers aren't detailed in the summary, creating uncertainty about which tax increases would require voter approval
  • Democratic representation debate: Supporters argue referendums empower voters; critics contend it bypasses elected representatives elected specifically to make budgeting decisions
  • Administrative burden: Holding referendums increases costs and administrative complexity for local governments
  • Economic competitiveness: Restrictions on tax increases could affect a locality's ability to attract investment or maintain service quality relative to neighboring jurisdictions

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

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