Realtor Bill Track Report
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Fiscal Note (Dated February 16, 2016) Increase State Revenue – $10,000,000/FY16-17 and Subsequent Years/P.R.E.P. Fund Decrease State Revenue – $135,000/FY17-18/General Fund $270,000/FY18-19/General Fund $405,000/FY19-20/General Fund $540,000/FY20-21/General Fund $675,000/FY21-22/General Fund $810,000/FY22-23 and Subsequent Years/General Fund HB 2570 - SB 2538 Increase State Expenditures – $10,000,000/FY16-17 and Subsequent Years/P.R.E.P. Fund $10,000,000/FY16-17 and Subsequent Years/General Fund Increase Local Revenue – $9,500,000/FY16-17 and Subsequent Years/Permissive Increase Local Expenditures – $9,500,000/FY16-17 and Subsequent Years/Permissive The Governor’s proposed budget for FY16-17, on page B-303, recognizes a one-time state appropriation for the Rural Development Initiative in the amount of $10,000,000. The proposed budget, on page A-40, additionally recognizes a recurring decrease in state revenue to the General Fund in the amount of $800,000. Secondary economic impacts may occur as a result of this bill. Such impacts may be reflected as additional commercial activity in the state’s rural communities and distressed counties as a result of the Rural Development Initiative grants and F&E tax credits for qualified business enterprises, additional jobs created as a result of such grants and credits, and additional investments by local governments and business enterprises as a result of such grants and credits. Due to multiple unknown factors, fiscal impacts di rectly attributable to such secondary economic impacts cannot be quantified with reasonable certainty. Senate Status 04/15/2016 - Set for Senate Floor Regular Calendar 04/18/16. House Status 03/17/2016 - House passed. Position Monitor SB2591 / HB1941 Nuisance actions on changed farming operations. Category Agriculture Sponsors Sen. Mark S. Norris / Rep. Tim Wirgau Description Imposes same burden of proof in nuisance actions based on new types of farming operations as presently applied to nuisance actions based on established farming operations. Fiscal Note (Dated February 7, 2016) NOT SIGNIFICANT Senate Status 03/21/2016 - Senate passed. House Status 03/10/2016 - House passed. Executive Status 04/07/2016 - Signed by governor. Position Monitor SB2592 / HB2116 Prohibits landlord from evicting victims of domestic abuse. Category Property & Housing Sponsors Sen. Mark S. Norris / Rep. Gerald McCormick Description Prohibits a landlord from evicting victims of domestic abuse, minor children, and innocent occupants when domestic abuse is the underlying reason for terminating a lease. Specifies that landlord may remove the person who committed the domestic abuse from the lease agreement and require remaining occupants to execute a new agreement for the remainder of the lease term. Amendment House Amendment 1 (013105) rewrites the bill. Specifies that in any case which domestic abuse is the underlying offense for which tenancy is terminated, only the perpetrator may be evicted. The perpetrator remains financially liable under the lease agreement. The landlord may require any remaining adults to enter into a new lease agreement. The perpetrator will not be permitted to return the leased property. Rights under this bill require an order of protection. Nothing in the bill would prohibit the eviction of a victim of domestic abuse for non-payment of rent or other lease violation. Fiscal Note (Dated February 28, 2016) NOT SIGNIFICANT Senate Status 04/13/2016 - Senate passed. House Status 04/07/2016 - House passed with amendment 1. Executive Status 04/13/2016 - Sent to the speakers for signatures. Position Monitor
SB2594 / HB2496 Felony convictions in regard to licensure. Category Professions & Licensure Sponsors Sen. Mark S. Norris / Rep. Raumesh Akbari Description Prohibits employee permits from being issued to servers of alcoholic beverages, barbers, land surveyors, soil scientists, athletic trainers, reflexology practitioners, fireworks exhibitors, and well drillers and installers that have been convicted of a felony for the commission of an offense that bears directly on their fitness to practice competently. Fiscal Note (Dated February 26, 2016) NOT SIGNIFICANT Senate Status 03/14/2016 - Senate passed. House Status 03/24/2016 - House passed. Executive Status 04/06/2016 - Signed by governor. Position Monitor SB2599 Limits appraised value of low-income housing tax credit property. Category Taxes Property Sponsors Sen. Mark S. Norris Description Limits the appraised value of low-income housing tax credit property for property tax purposes to the value indicated by an income approach that utilizes market or unrestricted rent for comparable property. Senate Status 01/25/2016 - Referred to Senate State & Local Government Committee. House Status None Position Monitor SB2600 / HB2036 Classifying property as low-income housing property. Category Taxes Property Sponsors Sen. Mark S. Norris / Rep. Jeremy Faison Description Establishes procedure for classifying property as low-income housing property. Permits any owner of property to apply for classification as low-income housing property on any assessment roll of any county by filing an application with the property assessor by April 1 of the first year the classification is sought. Requires the assessor to determine whether the property is low-income housing property and then to classify property as such on the county tax roll. Specifies requirements for LIHTC property and FmHA 515 property. Requires the assessor to discontinue the classification of property as low-income housing property unless the owner certifies, upon request of the assessor, that the property continues to qualify as low-income housing property. Requires the assessor to request the certification in the year of completion of every general reappraisal of property in the county but in no event less frequently than every six years. Requires such property be valued according to present use value. Makes other related revisions. Fiscal Note (Dated February 16, 2016) Decrease Local Revenue – $4,313,700 Senate Status 01/25/2016 - Referred to Senate State & Local Government Committee. House Status 03/02/2016 - Failed in House Local Government Subcommittee. Position Monitor
SB2604 / HB1826 County mayor to sell land held because of delinquent taxes. Category Taxes Property Sponsors Sen. Mark S. Norris / Rep. Mark White Description Authorizes a county mayor to sell land held by the county due to delinquent taxes during the redemption period to a third party under certain conditions. Allows a county mayor to hold properties in some instances until a sufficient number of parcels or area has been acquired to improve the parcels' marketability and redevelopment profile. Clarifies that in no event shall the accumulation of such parcels result in property being held without being marketed for more than five years. Decreases the amount of time a tax must be due on abandoned property before the tax lien can be enforced from two years to one year. Fiscal Note (Dated February 9, 2016) Other Fiscal Impact - Local governments could experience a permissive increase in revenue or an earlier recognition of revenue depending on the action authorized by the bill. For those actions that result in an increase in revenue, it is reasonably estimated to increase permissive local revenue by $500 per property. Senate Status 04/06/2016 - Senate passed. House Status 03/07/2016 - House passed. Executive Status 04/12/2016 - Sent to governor. Position Support SB2619 / HB2118 Hall income tax- allows locals to levy tax and ends state tax. Category Taxes General Sponsors Sen. Mark S. Norris / Rep. Gerald McCormick Description Terminates state-imposed Hall income tax for tax years beginning on or after January 1, 2017. Specifies Hall tax must be used for state purposes only. Clarifies that termination of tax does not absolve persons for any tax liability. Allows municipal and county governments to levy a like tax not to exceed 2.25 percent beginning on or after January 1, 2017. Provides that an ordinance or resolution authorizing such a tax shall be approved by (1) a two-thirds vote of the local legislative body, and (2) a majority of the voters answer in the affirmative on whether or not the tax should be levied. Requires a petition of registered voters amounting to ten percent of the votes cast in the municipality or county in the last gubernatorial election within 30 days of approval of the ordinance or resolution to bring the vote up for referendum. Orders election commission to call the election to be held at the next regularly scheduled general election. Specifies tax must be levied on same persons and to the same extent as the tax was levied by the state. Clarifies same exemptions, credits, and deductions shall be applicable. Requires any approved ordinance or resolution to specify rate of the tax. Requires department of revenue to collect the tax on behalf of county or municipality. Fiscal Note (Dated February 12, 2016) Decrease State Revenue – Net Impact – $166,310,800/FY17-18 and Subsequent Years Decrease Local Revenue – Net Impact – $90,864,200/FY17-18 and Subsequent Years Other Fiscal Impact – There could be a permissive and recurring increase in local government revenue if local governments elect to levy an income tax pursuant to this bill. Due to multiple unknown factors, the extent of any permissive increase in local revenue pursuant to the levy of a local tax cannot be quantified with reasonable certainty. In addition, the extent to which any permissive increase in local revenue will offset the mandatory decrease in local revenue is unknown. Secondary economic impacts may occur as a result of this bill. Such impacts may be realized due to changes in population or as a result of other behavioral changes prompted by the passage of this bill. Due to multiple unknown factors, fiscal impacts directly attributable to such secondary impacts cannot be quantified with reasonable certainty. Senate Status 04/14/2016 - Set for Senate Finance, Ways & Means Committee 04/18/16. House Status 04/14/2016 - Set for House Finance Subcommittee- Hall Income Tax Calendar 04/19/16. Position Oppose
Category Taxes Property Sponsors Sen. Todd Gardenhire Description Proposes an amendment to Article II, Section 28, of the Constitution of Tennessee to prohibit the legislature from imposing a state property tax on real property. Senate Status 03/29/2016 - Taken off notice in Senate Judiciary Committee. House Status None Position Support
Category Education Sponsors Rep. John Mark Windle Description Permits certain student residences housing fewer than ten students at public higher education institutions to be occupied although the residences do not have sprinklers. Fiscal Note (Dated March 16, 2015) NOT SIGNIFICANT Senate Status None House Status 03/17/2015 - Taken off notice in House Business & Utilities Subcommittee. Position Monitor HB2535 Cities with population over 40,000 to provide water and sewer systems. Category Local Government Sponsors Rep. Bo Mitchell Description Requires municipalities with a population greater than 40,000 to provide water and sewer systems and to charge for water and sewer service. Prohibits such municipalities from contracting with other municipalities for water or sanitary sewer services. Senate Status None House Status 01/27/2016 - Referred to House Business & Utilities Subcommittee. Position Monitor Directory: wp-content -> uploads -> 2016 2016 -> 2017 afoCo Landmark Scholarship Program 2016 -> Instructions for the Preparation of Camera-Ready Contributions to the Conference Proceedings 2016 -> Step student Scholarships for Year 10-13 2016 -> The united church of canada 2016 -> Idan raichel biography – May 2016 Brief Producer, keyboardist, Lyricist, composer and Performer Idan Raichel 2016 -> An introduction to centre’s interventions expanding access to justice 2016 -> Sanchar Shakti 2016 -> Unit analysis should help here. We want number of bananas 2016 -> The Autobiography of Elder Joseph Bates 2016 -> The Great Heat and the Rhode Island Deep Water Bay Scallop (Argopecten irradians) Fishery 1875-1905 Download 320.6 Kb. Share with your friends:
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