Williamson County v. Tennessee State Board of Equalization

OPINION

in which BEN H. CANTRELL, P.J., M.S. and PATRICIA J. COTTRELL, J., joined.

In this case, a consortium of counties and cities appeals the decision of the Chancery Court of Davidson County upholding the action of the Tennessee State Board of Equalization in applying depreciable life schedules forming a part of Tennessee Code Annotated section 67-5-903© to commercial and industrial tangible personal property and in holding that personal property is not constitutionally required to be valued at its actual value in the imple*218mentation of Tennessee Code Annotated section 67-5-1509(a). The only…