Tennessee · 114th Regular Session (2025-2026) · Bill

SB 12: Taxes, Ad Valorem - As introduced, changes the reimbursement amount for property tax relief for disabled veteran homeowners; increases the reimbursement amount from payment on the first $175,000 of the full market value of the home to payment on the first $200,000 of the full market value. - Amends TCA Title 67, Chapter 5, Part 7.

In committee Last action January 15, 2025: Passed on Second Consideration, refer to Senate State and Local Government Committee

Plain-language summary

SB 12 is a bill introduced in the Tennessee Senate on December 10, 2024. According to its official title, it concerns: Taxes, Ad Valorem - As introduced, changes the reimbursement amount for property tax relief for disabled veteran homeowners; increases the reimbursement amount from payment on the first $175,000 of the full market value of the home to payment on the first $200,000 of the full market value. - Amends TCA Title 67, Chapter 5, Part 7. Primary sponsor: Page Walley (Republican). Most recent recorded action (January 15, 2025): Passed on Second Consideration, refer to Senate State and Local Government Committee.

Sponsors

Primary sponsor: Page Walley (Republican).