Tennessee · 114 session

SB 1760 changesReal Property - As enacted, authorizes a tax increment agency to enter into a taxpayer agreement relative to a plan area after obtaining a written statement executed by each holder of an existing, previously recorded mortgage or deed of trust on the property securing indebtedness and in which each holder consents to the taxpayer agreement and indicates that the assessment does not constitute an event of default under the existing mortgage or deed of trust. - Amends TCA Title 9, Chapter 23 and Title 67, Chapter 5.

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