SB0681In Committee

Amends TCA Section 67-5-704.

Tennessee SB0681 amends TCA Section 67-5-704 to increase the reimbursement amount for property tax relief 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 veteran homeowners by providing them with a higher threshold for property tax relief. The key provision of the bill is the adjustment of the reimbursement limit, which aims to enhance financial support for this specific group.

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Overview

Tennessee SB0681 amends TCA Section 67-5-704 to increase the reimbursement amount for property tax relief 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 veteran homeowners by providing them with a higher threshold for property tax relief. The key provision of the bill is the adjustment of the reimbursement limit, which aims to enhance financial support for this specific group.

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Sponsor

White, Dawn

Details
Session

114th General Assembly

Introduced

January 31, 2025

Last Action

April 20, 2026

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

Subjects
Taxes, Ad ValoremVeteransTaxes, Real PropertyDisabled Persons

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SB0681: Amends TCA Section 67-5-704. | LegisGo