Tennessee 2025-2026 Regular Session

Tennessee Senate Bill SB0012 Latest Draft

Bill / Draft Version Filed 01/14/2025

                             
HOUSE BILL 151 
 By Gant 
 
SENATE BILL 12 
By Walley 
 
 
SB0012 
000154 
- 1 - 
 
AN ACT to amend Tennessee Code Annotated, Title 67, 
Chapter 5, Part 7, relative to property tax relief for 
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 
"one hundred seventy-five thousand dollars ($175,000)" wherever it appears in subdivisions (2), 
(3), and (4), and substituting instead "two hundred thousand dollars ($200,000)". 
 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.