Amends TCA Section 5-8-102; Title 55, Chapter 4; Title 67 and Title 70, Chapter 2.

Tennessee HB0052, known as the "Veterans Assistance for Livelihood, Opportunity, and Relief (VALOR) Act," exempts certain disabled veterans from specific taxes and fees. It affects disabled veterans with a 100% permanent and total disability from a service-connected cause by providing them with a free permanent sport combination hunting and fishing license, full property tax relief on their residence, and exemption from motor vehicle registration fees for one qualifying vehicle. Key provisions include expanded eligibility for property tax relief and the establishment of a hunting and fishing license benefit for qualifying veterans.