Taxes, Real Property - As introduced, revises standards for the length of the redemption period for a property subject to a tax sale based on whether the period of delinquency is three years or less or is more than three years. - Amends TCA Section 67-5-2701.
HB 1932 shortens property tax redemption periods for properties delinquent over three years, accelerating government acquisition of chronically unpaid properties while restricting owner recovery rights.