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Committee clears bill adding subsurface passenger transit to OSAP assessments
Summary
House Bill 15-15, amended in committee, directs the comptroller's Office of State Assessed Properties to assess subsurface passenger transit companies so taxation aligns with similar transportation entities. The committee voted 24–0 to send the bill to calendar and rules.
House Bill 15-15, introduced by Speaker Pro Tem Marsh, was amended and advanced by the Finance, Ways, and Means committee on March 10, 2026. After adopting amendment drafting code 013968, the committee voted to move the bill to calendar and rules by a recorded vote of 24–0.
Speaker Pro Tem Marsh told the committee the amendment adds "subsurface passenger transit companies to the list of OSAP assessed entities, ensuring uniform taxation across similarly situated companies operating in Tennessee." He cited an example involving a tunnel project in Nashville and said funds from assessments on certain projects would go to Metro Nashville.
Chair called the question and the clerk reported 24 ayes, 0 nos. The committee returned the bill as amended and advanced it to calendar and rules.
