Taxes, Real Property - As enacted, authorizes, until June 30, 2041, a county or municipality that levies a property tax to pay a property tax refund owed to a taxpayer through annual installments applied as credits against the taxpayer's future property taxes if certain criteria are met. - Amends TCA Title 67.

HB 162 amends Tennessee law to allow the division of property assessment to submit its annual report to the state board of equalization using electronic formats (e.g., email or online systems) instead of requiring physical copies. This change directly affects the division of property assessment, a state agency responsible for property tax assessments, and the state board of equalization, which receives the report. The bill updates reporting procedures without altering the report's content or requirements, streamlining administrative processes. It does not impact taxpayers or change tax policies.