WHEREAS, Tennessee Code Annotated, Section 67-5-1804(a), authorizes the county legislative body by resolution to provide for an early payment discount for real property taxes; and,
WHEREAS, it is in the best interests of the citizens of this county that such an early payment discount be authorized;
NOW THEREFORE BE IT RESOLVED by the _____________ County Legislative Body meeting in ____________ session at ______________, Tennessee on this the ___ day of _________________, 20___, that:
SECTION 1. Effective for county real property taxes due on or after the effective date of this resolution and until this county legislative body shall revoke or amend this resolution, both the two percent (2%) and the one percent (1%) discounts for early real property tax payments outlined in Tennessee Code Annotated, Section 67-5-1804(a), as amended, shall be applicable in ____________ County.
SECTION 2. The resolution shall take effect upon passage, the public welfare requiring it.
Adopted this ___ day of ______________, 20__.