Report: Tennessee One of Four States Without Limits on Property Tax Increases

A new Beacon Center report shows while Tennessee’s truth-in-taxation law creates transparency in the process of property tax assessments, it lacks the power to prevent large property tax increases.

Tennessee was the first state with a truth in taxation requirement, but it is now one of four states without a cap on property tax increases.

Truth in taxation in Tennessee requires local governments to inform residents of any property tax rate increases and local entities to consider means that do not increase property taxes alongside rate or levy increases.

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