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HB1134 • 2026

Housing

AN ACT to amend Tennessee Code Annotated, Title 47 and Title 67, relative to veterans.

Housing Taxes
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Boyd, Powers
Last action
2025-05-13
Official status
Comp. became Pub. Ch. 382
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details about funding allocation or the exact documentation required for disabled veterans to qualify for tax exemptions.

Veteran Housing Support Act

This act amends Tennessee laws to provide tax exemptions and affordable housing requirements for properties that support veterans experiencing homelessness.

What This Bill Does

  • Provides a tax exemption for property used solely to provide permanent, affordable housing for low-income households if at least 30% of the units are dedicated to homeless veterans.
  • Requires owners of projects with more than 12 units to make payments in lieu of taxes if the project is exempt from regular taxation and an agreement cannot be reached on the amount, then a minimum payment of 25% of the tax due must be made.

Who It Names or Affects

  • Veterans experiencing homelessness
  • Property owners and developers of large projects

Terms To Know

Joint venture
A business arrangement where two or more parties agree to share the costs, risks, and benefits of a project.
Payments in lieu of taxes (PILOT)
An agreement between property owners and local governments for property tax exemptions, where the owner agrees to pay an amount negotiated with the government instead of regular property taxes.

Limits and Unknowns

  • The act does not specify how much funding will be provided or allocated.
  • It is unclear what documentation disabled veterans must provide to qualify for the exemption.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Amendment 1-0 to HB1134

Plain English: This amendment adds new rules for counties and municipalities to create affordable housing programs that include special provisions for veterans experiencing homelessness.

  • Adds a new subsection (f) to Tennessee Code Annotated Section 67-5-207, allowing local governments to exempt certain properties from taxes if they are used for affordable housing for low-income households and at least 30% of the units are reserved for homeless veterans.
  • Requires that projects with more than twelve units must make payments in lieu of taxes to cover improvements or services provided by tax jurisdictions, unless an agreement is made on a different amount.
  • Defines key terms such as 'joint venture,' 'low income,' and 'qualified general partner' to ensure clarity about who qualifies for the affordable housing program.
  • The amendment text does not specify how local governments will enforce or monitor compliance with these new provisions.
Amendment 1-0 to SB0948

Plain English: This amendment adds new rules for counties and municipalities to create affordable housing programs that include special provisions for veterans experiencing homelessness.

  • Adds a new subsection (f) to Tennessee Code Annotated Section 67-5-207, allowing local governments to exempt certain properties from taxes if they are used for affordable housing for low-income households and at least 30% of the units are dedicated to veterans experiencing homelessness.
  • Requires owners of projects with more than twelve units to make payments in lieu of taxes if an agreement on tax amount is not reached, with a minimum payment of 25% of what would be due without exemption.
  • Defines key terms such as 'joint venture,' 'low income,' and 'qualified general partner' to ensure clarity and consistency.
  • The amendment text does not specify how local governments will implement or enforce these provisions, leaving some details unclear.

Bill History

  1. 2025-05-13 Tennessee General Assembly

    Comp. became Pub. Ch. 382

  2. 2025-05-13 Tennessee General Assembly

    Effective date(s) 07/01/2025

  3. 2025-05-13 Tennessee General Assembly

    Pub. Ch. 382

  4. 2025-05-05 Tennessee General Assembly

    Signed by Governor.

  5. 2025-04-23 Tennessee General Assembly

    Transmitted to Governor for action.

  6. 2025-04-22 Tennessee General Assembly

    Signed by H. Speaker

  7. 2025-04-22 Tennessee General Assembly

    Signed by Senate Speaker

  8. 2025-04-22 Tennessee General Assembly

    Enrolled and ready for signatures

  9. 2025-04-16 Tennessee General Assembly

    Comp. SB subst.

  10. 2025-04-16 Tennessee General Assembly

    Sponsor(s) Added.

  11. 2025-04-16 Tennessee General Assembly

    Passed H., Ayes 89, Nays 0, PNV 0

  12. 2025-04-16 Tennessee General Assembly

    Am. withdrawn. (Amendment 1 - HA0423)

  13. 2025-04-16 Tennessee General Assembly

    Subst. for comp. HB.

  14. 2025-04-15 Tennessee General Assembly

    H. Placed on Regular Calendar for 4/16/2025

  15. 2025-04-14 Tennessee General Assembly

    Placed on cal. Calendar & Rules Committee for 4/15/2025

  16. 2025-04-14 Tennessee General Assembly

    Rec. for pass. if am., ref. to Calendar & Rules Committee

  17. 2025-04-14 Tennessee General Assembly

    Rcvd. from S., held on H. desk.

  18. 2025-04-10 Tennessee General Assembly

    Sponsor(s) Added.

  19. 2025-04-10 Tennessee General Assembly

    Engrossed; ready for transmission to House

  20. 2025-04-10 Tennessee General Assembly

    Passed Senate as amended, Ayes 31, Nays 0

  21. 2025-04-10 Tennessee General Assembly

    Senate adopted Amendment (Amendment 1 - SA0337)

  22. 2025-04-09 Tennessee General Assembly

    Placed on cal. Finance, Ways, and Means Committee for 4/14/2025

  23. 2025-04-09 Tennessee General Assembly

    Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee

  24. 2025-04-08 Tennessee General Assembly

    Placed on Senate Regular Calendar for 4/10/2025

  25. 2025-04-02 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/9/2025

  26. 2025-04-02 Tennessee General Assembly

    Action Def. in s/c Finance, Ways, and Means Subcommittee to 4/9/2025

  27. 2025-04-02 Tennessee General Assembly

    Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 1 PNV 0

  28. 2025-04-01 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 4/2/2025

  29. 2025-04-01 Tennessee General Assembly

    Action deferred in Senate State and Local Government Committee to 4/2/2025

  30. 2025-03-26 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/2/2025

  31. 2025-03-26 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 4/1/2025

  32. 2025-03-19 Tennessee General Assembly

    Action Def. in s/c Finance, Ways, and Means Subcommittee to 4/2/2025

  33. 2025-03-12 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/19/2025

  34. 2025-02-26 Tennessee General Assembly

    Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee

  35. 2025-02-19 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/26/2025

  36. 2025-02-19 Tennessee General Assembly

    Meeting Canceled

  37. 2025-02-12 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/19/2025

  38. 2025-02-12 Tennessee General Assembly

    Assigned to s/c Finance, Ways, and Means Subcommittee

  39. 2025-02-12 Tennessee General Assembly

    P2C, ref. to Finance, Ways, and Means Committee

  40. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate State and Local Government Committee

  41. 2025-02-10 Tennessee General Assembly

    Intro., P1C.

  42. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  43. 2025-02-05 Tennessee General Assembly

    Filed for introduction

  44. 2025-02-05 Tennessee General Assembly

    Filed for introduction

Official Summary Text

ON APRIL 10, 2025, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 948, AS AMENDED.

AMENDMENT #1 rewrites the bill to, instead, provide that
if
a
legislative body of a county or municipality, as applicable, adopts by resolution or ordinance
an
affordable housing program, then
all of the following applies
:



There is also exempted property owned directly or indirectly by a joint venture in which at least one party of the joint venture is a qualified general partner
if
such property is used solely to provide permanent affordable housing to low-income households, of which at least 30% of the units at such property are dedicated to provide permanent, qualified affordable housing for veterans experiencing homelessness
.



An owner or owners of a project that exceeds 12 units must agree to make payments in lieu of taxes to the tax jurisdictions in which they are located, in an amount negotiated to cover the cost of improvements, facilities, or services rendered by the tax jurisdiction
. However,
if an amount is not agreed upon, then the payments must be not less than 25% of the amount of tax that would be due if the project were not exempt
.



A joint venture
is
deemed to provide permanent affordable housing to low income households
, which means households with 80%
or less of the applicable area's median income
,
if 100% of the units available at the property are leased at rents that are affordable to households that are low-income, according to the income limits computed and published by the department of housing and urban development under the
federal
United States Housing Act of 1937.

Current Bill Text

Read the full stored bill text 
SENATE BILL 948
By Powers

HOUSE BILL 1134
By Boyd

HB1134
002538
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 47
and Title 67, relative to veterans.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-6-353, is amended by adding the
following as a new subsection:
(c) A disabled veteran must provide documentation of the veteran's service and
disability to be eligible for the exemption under this section.
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.