HB1009In Committee

Amends TCA Section 67-5-704.

Tennessee HB1009 amends TCA Section 67-5-704 to increase the property tax relief reimbursement for disabled veteran homeowners from the first $175,000 to the first $250,000 of the full market value of their homes. This change directly affects disabled veterans who own homes in Tennessee, enhancing the financial support they receive through property tax relief. The key provision is the adjustment of the reimbursement threshold, which aims to provide greater assistance to this group.

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Overview

Tennessee HB1009 amends TCA Section 67-5-704 to increase the property tax relief reimbursement for disabled veteran homeowners from the first $175,000 to the first $250,000 of the full market value of their homes. This change directly affects disabled veterans who own homes in Tennessee, enhancing the financial support they receive through property tax relief. The key provision is the adjustment of the reimbursement threshold, which aims to provide greater assistance to this group.

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Sponsor

Unknown

Details
Session

114th General Assembly

Introduced

February 5, 2025

Last Action

April 17, 2025

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

Subjects
4620504547151393

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