Amends TCA Title 67, Chapter 5, Part 7.

Under present law, certain disabled veterans are paid or reimbursed, from the general fund of this state, for all or part of the local property taxes paid for a given tax year on property that the disabled veteran owned and used as the veteran's residence. Present law establishes the qualifications for such tax relief. Under present law: (1) A taxpayer otherwise eligible for tax relief under the above provision, but who fails to apply for a refund or present a credit voucher for credit on their taxes within 35 days from the date taxes in the jurisdiction become delinquent for that year, are deemed ineligible for such relief for that tax year; and (2) The director of the division of property assessments is authorized to waive application of any deadline upon determining that the failure to meet the deadline was excusable for good and reasonable cause. This bill adds that notwithstanding items (1) and (2) above, a disabled veteran who is otherwise eligible for reimbursement will be reimbursed for prior tax years if the United States department of veterans affairs determined that the veteran has acquired service-connected permanent and total disability or disabilities after the veteran appealed the department's prior determination. To receive reimbursement for prior tax years, the disabled veteran must provide proof of the appeal and the department's upgraded determination to the collecting official. Reimbursement under this bill will be limited to the tax years covered during the pendency of the appeal.