Taxes, Ad Valorem - As enacted, authorizes municipal tax collectors and taxing entities to also accept partial payments of delinquent property taxes in the same manner as county trustees; requires such officials to include in their plan for accepting partial payments a description of the accounting system technology or manual processes to be used to record partial payments of delinquent property taxes and a statement indicating that funds received as partial payments on delinquent property taxes will reduce the amount of delinquent property tax, interest, statutory fees, and court costs, by relative amounts on a pro-rata basis. - Amends TCA Section 67-5-2001.

This enacted law allows municipal tax collectors and other local taxing entities to accept partial payments for delinquent property taxes, similar to the process already used by county trustees. To implement this, local officials must submit a plan to the state comptroller at least 30 days before starting, which details their accounting methods, available resources, and internal controls for tracking payments. Any money received as a partial payment will be applied to the total debt owed, including taxes, interest, fees, and court costs, on a proportional basis rather than paying off just one specific charge. The law clarifies that making a partial payment does not remove the tax lien on the property and does not change the original due date for the taxes.