Property Taxes

Tennessee SB2411 proposes changes to how residential property is valued for tax purposes. It would set the property tax value at either the last sale price or the value given by a bank when the owner refinances their mortgage. Additionally, it would prevent the sale of a primary residence that has been owned for 10 years or more to pay off a tax debt.

TN SB2411 is a senate bill in the Tennessee 114th General Assembly, sponsored by Joseph Hensley (R), currently “Introduced” since February 2, 2026.

We track 9,160 Tennessee bills this session, 144 of them sponsored by Joseph Hensley.

Supporters of SB2411 argue that this bill protects long-term homeowners from losing their properties due to tax debts and ensures that property taxes reflect the true value of homes. They believe it promotes stability and fairness in the housing market, especially for families who have invested in their communities.

Critics of SB2411 contend that the bill could lead to decreased tax revenues for local governments, which rely on property taxes for essential services. They also argue that it may create an unfair advantage for long-term homeowners over newer buyers, potentially distorting the real estate market.

The bill SB2411 addresses property tax valuation and regulations surrounding the sale of residential properties used as principal residences. The sponsor, Joseph Hensley, has personal financial interests primarily in the healthcare sector, specifically as a physician and business owner of Hensley Medical Clinic. There are no direct overlaps between his personal financial interests and the real estate, mortgages, or banking industries that the bill impacts. As a result, there is no evident personal financial gain for Hensley from the provisions of this bill, which suggests a low risk of conflict of interest.

Additionally, Hensley's role as a board member of the Tennessee Medical Association does not intersect with the taxation or property regulation issues addressed in the bill. Therefore, the analysis concludes that while Hensley is a prominent figure in the healthcare industry, his financial interests do not align with the subject matter of SB2411, leading to a low risk score for potential conflicts of interest.

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.