TN HB0323 | 2025-2026 | 114th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 22 2025 - 25% progression
Action: 2025-01-22 - Filed for introduction
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 22 2025 - 25% progression
Action: 2025-01-22 - Filed for introduction
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, changes from a preponderance of the evidence to clear and convincing evidence the burden of proof for a debtor to prove that property sold at a foreclosure sale for an amount materially less than the fair market value in order to rebut the presumption that the foreclosure sale price of the property was equal to the fair market value at the time of sale. - Amends TCA Title 35.
Title
AN ACT to amend Tennessee Code Annotated, Title 35, relative to foreclosure sales.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-22 | House | Filed for introduction |
Same As/Similar To
SB0285 (Crossfiled) 2025-01-24 - Filed for introduction
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0323&ga=114 |
| Text | https://www.capitol.tn.gov/Bills/114/Bill/HB0323.pdf |
