SENATE BILL 368 By Briggs HOUSE BILL 48 By Hale HB0048 000437 - 1 - AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for disabled veterans. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 67-5-704(a), is amended by deleting the subsection and substituting instead the following: (a) There shall be paid from the general funds of the state to certain disabled veterans the amount necessary to pay or reimburse such taxpayers for all of the local property taxes paid for a given tax year on that property that the disabled veteran owned and used as the disabled veteran's residence as provided in this section. SECTION 2. This act takes effect July 1, 2025, the public welfare requiring it, and applies to tax years beginning on or after that date.