De Minimus Property Tax

1. Law
2. Tennessee Code
3. Taxes and Licenses
4. Property Taxes
5. Delinquent Taxes
6. De Minimus Property Tax

1. With respect to a de minimus property tax totaling less than five dollars ($5.00) as calculated for a duly assessed parcel of real property, if authorized by a private act, resolution, or ordinance levying the tax, the county trustee or other property tax collecting official may:
   1. Decline to bill the tax;
   2. Decline to refer the tax for further collection; or
   3. Abate any penalty or interest otherwise due for late payment of the tax.
2. The tax collecting official shall maintain a list of de minimus taxes by parcel and by year, and the tax may be collected when a tax related to the same parcel is tendered for a later year; provided, that such collection is not barred by any applicable statute of limitations.

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