Taxes - As enacted, provides that an application for an exemption from property taxation for property owned by a religious, charitable, scientific, or nonprofit educational organization that is filed within 180 days after the exempt use of the property began will be effective as of the date the exempt use began, if the application is made after May 20th of the year for which the exemption is sought, but prior to the end of the year; makes other related changes. - Amends TCA Title 67.

Summary

The bill lets religious, charitable, scientific or nonprofit educational groups apply for a property‑tax exemption up to 180 days after the property’s exempt use begins, as long as the application is submitted after May 20 and before year‑end. It also changes a statutory deadline in the tax code from 35 days to 45 days. These changes aim to give nonprofits more time to secure tax relief and to align procedural timelines.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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