Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SB0186

Caption

AN ACT to amend Tennessee Code Annotated, Section 67-6-303, relative to tax exemption for service members of the armed forces.

Impact

The proposed amendments in SB0186 will likely have a positive impact on military families in Tennessee. By allowing a more inclusive definition, more family members of service members can benefit from tax exemptions, which could alleviate some financial burdens faced by these families. Such financial relief is especially pertinent to those families who may be dealing with the challenges that come with military service, including relocation and deployment stresses.

Summary

Senate Bill 186 (SB0186) aims to amend Tennessee Code Annotated, specifically Section 67-6-303, which pertains to tax exemptions for service members of the armed forces. The bill proposes to expand the definition of eligible relatives by changing the terminology from "spouse or lineal relative" to "spouse, natural or adopted child, stepchild, or relative related by blood or marriage." This legislative change is intended to provide broader tax relief options for military families, particularly by ensuring that various forms of familial relationships are recognized for tax exemption purposes.

Sentiment

The sentiment surrounding SB0186 appears to be supportive, particularly among advocates for military service members and their families. Legislators and community members who back the bill recognize its intention to extend financial benefits to a broader group of relatives connected to service members. The sentiment reflects a desire to honor the sacrifices of military families by providing them with additional support through tax incentives.

Contention

While the overall tone of discussion around SB0186 is positive, typical areas of contention may arise concerning the specific definitions of family and entitlement to benefits. Some might argue whether the inclusion of certain relatives could lead to potential abuse of the tax exemption system or if the costs of such tax exemptions would be adequately balanced by the benefits provided. However, discussions indicate a general consensus on the importance of supporting military families.

Companion Bills

TN HB1267

Crossfiled AN ACT to amend Tennessee Code Annotated, Section 67-6-303, relative to tax exemption for service members of the armed forces.

Previously Filed As

TN HB1267

AN ACT to amend Tennessee Code Annotated, Section 67-6-303, relative to tax exemption for service members of the armed forces.

TN SB2483

AN ACT to amend Tennessee Code Annotated, Section 67-5-1327; Section 67-5-1328 and Section 67-5-303, relative to property taxes.

TN HB2481

AN ACT to amend Tennessee Code Annotated, Section 67-5-1327; Section 67-5-1328 and Section 67-5-303, relative to property taxes.

TN SB1799

AN ACT to amend Tennessee Code Annotated, Title 55 and Section 67-6-303, relative to the purchase of motor vehicles by members of the military.

TN HB1871

AN ACT to amend Tennessee Code Annotated, Title 55 and Section 67-6-303, relative to the purchase of motor vehicles by members of the military.

TN HB0426

AN ACT to amend Tennessee Code Annotated, Section 67-5-212, relative to institutional exemptions.

TN SB0643

AN ACT to amend Tennessee Code Annotated, Section 67-5-212, relative to institutional exemptions.

TN SB1154

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 3, relative to tax exemptions.

TN HB1426

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 3, relative to tax exemptions.

TN SB0439

AN ACT to amend Tennessee Code Annotated, Section 67-4-2006, relative to taxation.

Similar Bills

No similar bills found.