HB 151: 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.

Plain-language summary

HB 151 is a bill introduced in the Tennessee House on January 14, 2025. 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: Ron Gant (Republican). Most recent recorded action (January 28, 2025): Assigned to s/c Cities & Counties Subcommittee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written