Old | New | Differences | |
---|---|---|---|
1 | 1 | ||
2 | 2 | HOUSE BILL 48 | |
3 | 3 | By Hale | |
4 | 4 | ||
5 | 5 | SENATE BILL 368 | |
6 | 6 | By Briggs | |
7 | 7 | ||
8 | 8 | ||
9 | 9 | SB0368 | |
10 | 10 | 000437 | |
11 | 11 | - 1 - | |
12 | 12 | ||
13 | 13 | AN ACT to amend Tennessee Code Annotated, Title 67, | |
14 | 14 | Chapter 5, Part 7, relative to property tax relief for | |
15 | 15 | disabled veterans. | |
16 | 16 | ||
17 | 17 | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: | |
18 | 18 | SECTION 1. Tennessee Code Annotated, Section 67-5-704(a), is amended by deleting | |
19 | 19 | the subsection and substituting instead the following: | |
20 | 20 | (a) There shall be paid from the general funds of the state to certain disabled | |
21 | 21 | veterans the amount necessary to pay or reimburse such taxpayers for all of the local | |
22 | 22 | property taxes paid for a given tax year on that property that the disabled veteran owned | |
23 | 23 | and used as the disabled veteran's residence as provided in this section. | |
24 | 24 | SECTION 2. This act takes effect July 1, 2025, the public welfare requiring it, and | |
25 | 25 | applies to tax years beginning on or after that date. |