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.

SB 2439 urges Tennessee's comptroller of the treasury to study whether residential property taxes should be based on the most recent sale price instead of current assessment methods using manuals. If the study is conducted, the comptroller must report findings and recommendations to the Senate Finance Committee and the House committee overseeing finance. This bill does not change current tax law but requests an analysis of a potential shift in how property values are determined for residential properties. The study would specifically examine feasibility and impacts on property tax assessments across the state.