Tennessee Gov. Bill Lee will lead a campaign supporting a constitutional amendment that will ban statewide property taxes, according to a coalition of Tennessee business leaders and organizations.
Voters will decide on the Nov. 3 ballot whether they want to permanently bar state lawmakers from enacting a statewide property tax. The group Yes on 2, comprised of the Tennessee Farm Bureau, Tennessee REALTORS, Tennessee Chamber of Commerce, National Federation of Independent Business, Americans for Prosperity, and the Beacon Center of Tennessee, is supporting the amendment.
While Tennessee does not have a statewide property tax, cities and counties can levy them to fund their governments.
The General Assembly gave final approval to the constitutional amendment during the 2025 session. Democrats opposed the measure, saying it would keep the state from raising money during economic downturns.
