Bill > SB1326

This bill amends Tennessee property tax relief regulations for elderly residents by creating a simplified renewal process for taxpayers who are 85 years or older and have already received property tax relief for at least five consecutive years. Under the new provision, these long-standing recipients will no longer need to submit a full application or detailed income documentation annually, provided their annual income remains below a specific threshold and they continue to meet other non-income eligibility requirements. The state board of equalization will develop an easier reapplication process that can be completed online or by mail, allowing taxpayers to simply check a box confirming they still meet the necessary criteria. This change aims to reduce administrative burden for elderly property owners who have consistently qualified for tax relief, making the renewal process more convenient and less paperwork-intensive for seniors who have already demonstrated their eligibility over multiple years.

Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1326&ga=114