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Bill > HB1687
TN HB1687
TN HB1687AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for veterans.
summary
Introduced
01/14/2026
01/14/2026
In Committee
02/18/2026
02/18/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, changes the reimbursement amount for property tax relief for disabled veteran homeowners; increases the reimbursement amount from payment on the first $175,000 of the full market value of the home to payment on the first $200,000 of the full market value. - Amends TCA Title 67, Chapter 5, Part 7.
AI Summary
This bill, amending Tennessee Code Annotated Title 67, Chapter 5, Part 7, increases the property tax relief available to disabled veteran homeowners by raising the maximum value of their home that qualifies for reimbursement from $175,000 to $200,000, meaning the state will now cover a portion of property taxes on the first $200,000 of a disabled veteran's home value, rather than the first $175,000. This change, which aims to provide greater financial assistance to veterans, will take effect on July 1, 2026, and apply to tax years beginning on or after that date.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (3)
Last Action
Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/4/2026 (on 02/25/2026)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1687&ga=114 |
| Fiscal Note - HB1687 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1687.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB1687.pdf |
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