Veterans Assistance for Livelihood, Opportunity, and Relief (VALOR) Act
Amends TCA Section 5-8-102; Title 55, Chapter 4; Title 67 and Title 70, Chapter 2.
Tennessee SB0473, titled the "Veterans Assistance for Livelihood, Opportunity, and Relief (VALOR) Act," aims to exempt certain disabled veterans from specific taxes and fees, including providing free hunting and fishing licenses and full property tax relief on their primary residence. The bill affects disabled veterans with a 100% permanent and total disability from a service-connected cause, as determined by the U.S. Department of Veterans Affairs. Key provisions include the issuance of free permanent sport combination hunting and fishing licenses and the requirement for the state to reimburse local property taxes without a cap on the property value.
Tennessee SB0473, titled the "Veterans Assistance for Livelihood, Opportunity, and Relief (VALOR) Act," aims to exempt certain disabled veterans from specific taxes and fees, including providing free hunting and fishing licenses and full property tax relief on their primary residence. The bill affects disabled veterans with a 100% permanent and total disability from a service-connected cause, as determined by the U.S. Department of Veterans Affairs. Key provisions include the issuance of free permanent sport combination hunting and fishing licenses and the requirement for the state to reimburse local property taxes without a cap on the property value.
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Bowling, Janice
114th General Assembly
January 29, 2025
April 20, 2026
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026