TN SB0327

Property Classification And Assessment

Introduced Senate Becky Massey (R)
Plain English Summary

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Supporters Say

Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
7/10
Risk Level
High
Policy Area
Taxation
Industry Overlap
50%
Personal Conflicts
4 found

The bill SB0327 proposes to amend the classification and assessment of residential property for property tax purposes in Tennessee. This change could potentially benefit various stakeholders in the real estate sector, including investors and financial institutions involved in property transactions. The sponsor, Becky Massey, has several personal financial interests that align directly with the implications of this bill, particularly in the finance and real estate sectors. Notably, her spouse's employment with Morgan Stanley, which is involved in investment and financial services, suggests a potential for personal financial gain from any favorable changes in property tax classifications that could affect real estate investments.

Additionally, the sponsor holds assets in investment funds such as Vanguard Midcap, Vanguard Int Mid, and Vanguard Real Estate. These investments are directly tied to the finance and real estate industries, indicating that any favorable changes to property tax assessments could enhance the value of these assets. The alignment of these personal financial interests with the bill's impact raises concerns about the potential for conflicts of interest, as the sponsor may stand to benefit financially from the legislation she is advocating for.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Executive Director of Sertoma Center TN Legislature bio
Employer Sertoma Center TN Legislature bio
Board Member Board Member of Knoxville Chamber AI-researched
Spouse Employer Owner of Massey Electric Company AI-researched
Employer SOCIAL SECURITY ADMINISTRATION TN Ethics Commission
Spouse Employer TAX FREE MUNICIPAL BONDS TN Ethics Commission
Employer VISION FINANCIAL TN Ethics Commission
Spouse Employer MORGAN STANLEY-IRA DISTRIBUTION Securities & Investment TN Ethics Commission
Business Owner TENOVA HEALTCARE BOARD OF DIRECTORS from Jan 2021 to current TN Ethics Commission
Business Owner UNIVERSITY OF TENNESSEE COLLEGE OF NURSING ADVISOR BOARD from Jan 2020 to current Education TN Ethics Commission
Business Owner HABITAT OF TENNESSEE BOARD OF DIRECTORS from Jan 2021 to current TN Ethics Commission
Asset ALLIANCE LIFE ANNUITY TN Ethics Commission
Asset 3I GROUP PLC TN Ethics Commission
Asset AMAZON Electronics Manufacturing TN Ethics Commission
Asset APPLOVIN CORP TN Ethics Commission
Asset TAIWAN SEIMICONDUCTOR CORP TN Ethics Commission
Asset LIGHTSTONE VALUE TN Ethics Commission
Asset CNL HEATHCARE TN Ethics Commission
Asset MASTERCARD INC TN Ethics Commission
Asset APPLE INC Electronics Manufacturing TN Ethics Commission
Asset ISHARES RUSSEL 1000 TN Ethics Commission
Asset VANGUARD MIDCAP Securities & Investment TN Ethics Commission
Asset VANGUARD INT MID Securities & Investment TN Ethics Commission
Asset J P MORGAN EQUITY TN Ethics Commission
Asset VANGUARD REAL ESTATE Securities & Investment TN Ethics Commission
Asset AB H/I MUNI TN Ethics Commission
Asset AMERICAN BALANCED TN Ethics Commission
Asset CLEARBRIDGE INTL GROWTH TN Ethics Commission
Asset JANUS HENDERSON TN Ethics Commission
Asset J P MORGAN HEDGED TN Ethics Commission
Asset LORD ABBETT TN Ethics Commission
Asset NUVEEN ALL AMERICAN MUNIT TN Ethics Commission
Asset THORNBURG STRATEGIC TN Ethics Commission
Asset BAE SYS PLC TN Ethics Commission
Asset CORNING INC COM TN Ethics Commission
Asset ROLL ROYCE HOLDINGS TN Ethics Commission
Asset SAAB AB ADR TN Ethics Commission
Asset SIEMENS ENERGY AG TN Ethics Commission
Asset TENCENT HLDGS TN Ethics Commission
Asset WESTERN DIGITAL CORP TN Ethics Commission
Asset ALPHABET INC Electronics Manufacturing TN Ethics Commission
Asset WABTEC COM TN Ethics Commission
Asset AMERICAN EXPRESS TN Ethics Commission
Asset FEDERAL HOME LOAN MTG TN Ethics Commission
Asset FLEX LTD ORD TN Ethics Commission
Asset FNMA GTD MTG PASSTHRU TN Ethics Commission
Asset ALLIANT ENERGY CORP TN Ethics Commission
Asset FERGUSON ENTERPRISES TN Ethics Commission
Asset TELDYNE TECHNOLOGIES TN Ethics Commission
Asset Leadership PAC: BECPAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.