Tennessee Voters Opt To Ban State-Level Property Taxes

Voters in Tennessee are projected to approve Amendment 2, which bans any future statewide property tax and enshrines the prohibition in the state constitution.Tennessee has not had a statewide property tax since 1949, though the state Legislature technically retained the constitutional authority to create one. Instead, property taxes are levied at the local level.At 11 p.m. ET on Tuesday, the measure had 66.4% support with 82% of votes reporting, according to The Associated Press. An amendment to the Tennessee Constitution passes if it gets at least 50% support, and the number of “yes” votes is more than half of all votes cast for governor."It ensures that the state cannot impose property taxes again, putting taxpayers’ interests first and reinforcing local control," said Republican state Rep. Tandy Darby, who sponsored the amendment.Amendment 2 would not prevent counties and municipal authorities from levying property taxes, but would prohibit the General Assembly from issuing property taxes now and in the future. In order to change that, the state constitution would have to be amended once more, which would require a two-thirds vote in two legislative sessions and voter approval....