House Bill 890, sponsored by Todd, proposes an amendment to Tennessee Code Annotated, specifically Section 67-5-701(e)(1), concerning real property taxes. The bill introduces new language that allows the comptroller of the treasury to provide estimates to members of the general assembly through electronic means, enhancing communication and accessibility of information.
The act is set to take effect immediately upon becoming law, emphasizing the importance of timely updates for the public welfare. This amendment aims to streamline the process of sharing financial estimates with lawmakers, potentially improving legislative efficiency regarding real property tax matters.
Statutes affected: Introduced: 67-5-701(e)(1), 67-5-701