Property Tax Amendment Passes

NewsChannel5.com
November 8, 2006

NASHVILLE, Tenn. - A majority of Tennessee voters approved a constitutional amendment that would help older homeowners by allowing local governments to freeze their property taxes.

Currently the state constitution prohibits discrimination when counties and city governments apply property taxes. But the amendment inserts language that would allow local governments to exempt homeowners 65 years old or older from year-to-year increases in property taxes.