SB0368In Committee

Amends TCA Title 67, Chapter 5, Part 7.

Tennessee SB0368 amends the existing law regarding property tax relief for disabled veterans by increasing the reimbursement amount from the first $175,000 of property value to full reimbursement for all local property taxes paid on their residence, effective for tax years beginning on or after July 1, 2025. This bill specifically affects disabled veterans who own and occupy property as their residence. Key provisions include the definition of eligible disabled veterans and the continuation of existing ineligibility criteria for those dishonorably discharged from military service.

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Overview

Tennessee SB0368 amends the existing law regarding property tax relief for disabled veterans by increasing the reimbursement amount from the first $175,000 of property value to full reimbursement for all local property taxes paid on their residence, effective for tax years beginning on or after July 1, 2025. This bill specifically affects disabled veterans who own and occupy property as their residence. Key provisions include the definition of eligible disabled veterans and the continuation of existing ineligibility criteria for those dishonorably discharged from military service.

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Sponsor

Briggs, Richard

Details
Session

114th General Assembly

Introduced

January 28, 2025

Last Action

April 14, 2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Subjects
VeteransTaxes, Real PropertyTaxes, Exemption and Credits

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SB0368: Amends TCA Title 67, Chapter 5, Part 7. | LegisGo