Taxes, Real Property - As introduced, urges the comptroller of the treasury to study the feasibility and potential impacts of establishing the value of all residential property as the most recent price paid for the property in lieu of assessors of property appraising the value through the use of assessment manuals; requires a report, if the study is conducted, to be submitted to the finance, ways and means committee of the senate and the committee of the house of representatives having jurisdiction over finance matters. - Amends TCA Title 67, Chapter 5.

HB 2265 urges Tennessee's comptroller of the treasury to study replacing current property assessment methods with using the most recent sale price for all residential properties. If the study occurs, the comptroller must report findings and recommendations to the Senate Finance Committee and the House Finance Committee. The bill does not change tax rates or assessments but requests a feasibility review of this valuation approach, which would directly affect residential property owners. This is a procedural study request, not a tax law change, and remains pending in committee.