Tennessee 2025-2026 Regular Session

Tennessee House Bill HB1009

Introduced
2/5/25  
Refer
2/10/25  
Refer
3/12/25  

Caption

AN ACT to amend Tennessee Code Annotated, Section 67-5-704, relative to property tax relief for veterans with disabilities.

Summary

HB1009 amends Tennessee’s property tax relief law for disabled veterans by increasing the maximum assessed value of a qualifying home from $175,000 to $250,000. The bill applies to Tennessee Code Annotated Section 67-5-704, which governs property tax relief for veterans with disabilities, and it is scheduled to take effect on July 1, 2025. In practical terms, the measure expands eligibility for property tax relief by allowing more disabled veterans to receive the benefit on higher-valued homes. The change is a targeted adjustment to an existing tax relief program rather than a new program, and it is intended to update the income/property threshold to reflect current housing values and provide additional tax support to qualifying veterans.

Impact

The bill directly amends Tennessee Code Annotated Section 67-5-704 by replacing the current $175,000 cap with a $250,000 cap wherever it appears in the statute. This changes the statutory threshold used to determine eligibility for property tax relief for veterans with disabilities, potentially increasing the number of homeowners who qualify and the amount of property value eligible for relief under the program.

Sentiment

The available voting history suggests broad bipartisan support and little controversy. The bill passed the House Cities & Counties Subcommittee 6-0 and the House State & Local Government Committee 21-0, indicating strong agreement that the change is a favorable adjustment for disabled veterans. No committee transcript is available, but the unanimous votes point to a generally positive reception.

Contention

There is no recorded committee debate or visible opposition in the provided materials. Any potential contention would likely center on the fiscal impact of expanding property tax relief and whether raising the cap to $250,000 is the appropriate threshold, but the unanimous committee votes suggest those concerns did not generate significant resistance in committee.

Companion Bills

TN SB0681

Crossfiled AN ACT to amend Tennessee Code Annotated, Section 67-5-704, relative to property tax relief for veterans with disabilities.

Previously Filed As

TN SB0681

AN ACT to amend Tennessee Code Annotated, Section 67-5-704, relative to property tax relief for veterans with disabilities.

TN SB0012

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for veterans.

TN HB0151

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for veterans.

TN HB1687

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for veterans.

TN SB1798

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for veterans.

TN HB0436

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief.

TN SB0651

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief.

TN HB0048

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for disabled veterans.

TN SB0368

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for disabled veterans.

TN SB1061

AN ACT to amend Tennessee Code Annotated, Section 67-5-2013, relative to collection of property taxes.

Similar Bills

No similar bills found.