Bill
Bill > SB0782
summary
Introduced
02/04/2025
02/04/2025
In Committee
Crossed Over
Passed
05/27/2025
05/27/2025
Dead
Signed/Enacted/Adopted
05/27/2025
05/27/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, extends from January 28, 2025, to April 15, 2025, the date by which an assessor must have determined that property was destroyed or damaged by a qualified disaster in order for the owner to be eligible for a direct payment from the comptroller of the treasury. - Amends TCA Title 67.
AI Summary
This bill makes several amendments to Tennessee's tax code, primarily focusing on property tax relief and assessment procedures. Specifically, the bill modifies provisions related to property damaged by qualified disasters, allowing property owners whose property was destroyed or damaged to be assessed by April 15, 2025. It also changes language in Section 67-5-1601 regarding tax assessment, replacing the phrase "in lieu of" with "with or without" and removing a specific sentence from a subdivision. The bill appears to provide some flexibility for property owners seeking tax relief, particularly those who have experienced property damage from disasters. The changes seem aimed at clarifying and potentially expanding tax relief options for taxpayers. The bill will take effect immediately upon becoming law, as determined by the Tennessee General Assembly, with the stated purpose of serving the public welfare.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (5)
Last Action
Comp. became Pub. Ch. 498 (on 05/27/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0782&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0498.pdf |
| Amendment 1-0 to SB0782 | https://www.capitol.tn.gov/Bills/114/Amend/SA0328.pdf |
| Fiscal Memo for SA0328 (6337) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM1061.pdf |
| Fiscal Note - HB0726 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB0726.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0782.pdf |
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