Attorney General Opinions 
Relating to County Government

2010 Property Tax

• Under a 2008 amendment to T.C.A. § 67-5-1008, when greenbelt property is acquired by the government and converted to tax-exempt status, rollback taxes must be assessed even if the greenbelt use is continued; these taxes are to be paid by the seller unless the government sought the transfer and had the power of eminent domain, in which case the governmental entity is liable for the taxes.  Greenbelt land purchased by the government through the State Lands Acquisition Fund is not subject to rollback taxes.  Opinion No. 10-71 (May 21, 2010).