SB 774: Taxes, Ad Valorem - As introduced, adds a 5 percent penalty on delinquent property taxes with the penalty to be used to provide tax relief for the homeowners who are elderly low-income, disabled, or a disabled veteran or widow of a disabled veteran. - Amends TCA Title 67, Chapter 5.

Plain-language summary

SB 774 is a bill introduced in the Tennessee Senate on February 4, 2025. According to its official title, it concerns: Taxes, Ad Valorem - As introduced, adds a 5 percent penalty on delinquent property taxes with the penalty to be used to provide tax relief for the homeowners who are elderly low-income, disabled, or a disabled veteran or widow of a disabled veteran. - Amends TCA Title 67, Chapter 5. Primary sponsor: Richard Briggs (Republican). Most recent recorded action (February 12, 2025): Passed on Second Consideration, refer to Senate State and Local Government Committee.

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