Taxes, Personal Property - As introduced, authorizes, subject to a two-thirds vote of the legislative body, the county trustee or other property tax collecting official in Hamilton County to decline to bill or refer for collection a de minimis personal property tax totaling less than $20 under certain circumstances. - Amends TCA Section 67-5-2013.

SB 1061 allows Hamilton County property tax officials to waive billing or collection of personal property taxes under $20 for individual taxpayers, if the county legislative body approves with a two-thirds vote. It requires officials to track these waived taxes by taxpayer and year, permitting collection later if the same taxpayer pays other taxes in a subsequent year. The bill specifically applies to Hamilton County (population 366,200-366,300 per 2020 census) and modifies existing tax collection procedures under Tennessee law. This change directly affects Hamilton County residents with minimal personal property tax obligations.