Taxes, Real Property - As introduced, revises the formula for calculating tax relief on real property owned by eligible disabled veterans so that in determining the amount of relief to such a taxpayer, the assessed value on the first $175,000 of full market value is to be multiplied by the ad valorem tax rate of the jurisdiction instead of by a rate that has been adjusted to reflect the relationship between appraised value and market value in that jurisdiction. - Amends TCA Title 67, Chapter 5, Part 7.

Looking ahead

No hearings or votes scheduled.

History

1. 2026
   1. Apr 20Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026Latest
   2. Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
   3. Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
   4. Jan 12Sponsor(s) Added.Minor
2. 2025
   1. Apr 17Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
   2. Apr 14Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
   3. Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
   4. Apr 7Sponsor(s) Added.Minor
   5. Apr 2Recommended for passage, refer to Senate Finance, Ways, and Means Committee
      • Vote recorded SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee 4/2/2025 Passed. Result: pass.Upper
   6. Apr 2Sponsor(s) Added.Minor
   7. Apr 1Action deferred in Senate State and Local Government Committee to 4/2/2025
   8. Apr 1Placed on Senate State and Local Government Committee calendar for 4/2/2025
   9. Mar 26Placed on Senate State and Local Government Committee calendar for 4/1/2025
   10. Mar 11Sponsor(s) Added.Minor
   11. Feb 12Passed on Second Consideration, refer to Senate State and Local Government CommitteeMinor
   12. Feb 10Introduced, Passed on First ConsiderationMinor
   13. Jan 31Filed for introductionIntroduced