Senate Bill 1008 aims to amend Tennessee Code Annotated, Title 13, Chapter 21, by establishing a framework for municipal rental property registries. The bill allows municipalities to create and enforce a registry for all residential rental dwelling units within their jurisdiction. The registry must include essential information such as the physical address of each unit, owner and property management contact details, the number of rental units, and verification of compliance with building codes and health regulations. Owners of residential rental units are required to register annually, and municipalities may impose reasonable fees for administrative costs. Exemptions from registration are provided for owner-occupied units renting fewer than two units and properties owned by governmental entities.

Additionally, the bill mandates that municipalities integrate the registry into their code enforcement processes to monitor compliance with health and safety standards. It specifies that non-sensitive information in the registry is accessible to the public, while proprietary or personal information remains confidential. Municipalities are also required to submit an annual report detailing the number of registered properties, code violations, and the registry's effectiveness in improving housing conditions. The act is set to take effect on July 1, 2025.