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SB0681 • 2026

Taxes, Ad Valorem

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

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
White, Moody
Last action
2026-04-14
Official status
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details about additional funding or impacts on local government, leaving some aspects of the bill's effects uncertain.

Property Tax Relief for Disabled Veterans

This bill increases property tax relief for disabled veteran homeowners by raising the cap on home value from $175,000 to $250,000.

What This Bill Does

  • Changes Tennessee law to increase the amount of property tax relief for disabled veterans who own homes.
  • Raises the limit on the full market value of a veteran's home that qualifies for this relief from $175,000 to $250,000.

Who It Names or Affects

  • Disabled veterans who own homes in Tennessee and qualify for property tax relief.

Terms To Know

Ad Valorem Tax
A type of tax based on the value of a property, like real estate taxes.
Property Tax Relief
Help from the government to reduce or pay for some of the property taxes that homeowners owe.

Limits and Unknowns

  • The bill does not specify how much more money will be spent on this relief.
  • It is unclear how local governments might be affected by these changes.

Bill History

  1. 2026-04-14 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

  2. 2025-04-17 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025

  3. 2025-04-14 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025

  4. 2025-04-14 Tennessee General Assembly

    Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025

  5. 2025-04-09 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

  6. 2025-03-26 Tennessee General Assembly

    Placed behind the budget

  7. 2025-03-20 Tennessee General Assembly

    Sponsor(s) Added.

  8. 2025-03-19 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/26/2025

  9. 2025-03-19 Tennessee General Assembly

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

  10. 2025-03-19 Tennessee General Assembly

    Rec. for pass; ref to Finance, Ways, and Means Committee

  11. 2025-03-12 Tennessee General Assembly

    Sponsor(s) Added.

  12. 2025-03-12 Tennessee General Assembly

    Placed on cal. State & Local Government Committee for 3/19/2025

  13. 2025-03-12 Tennessee General Assembly

    Rec. for pass by s/c ref. to State & Local Government Committee

  14. 2025-03-05 Tennessee General Assembly

    Placed on s/c cal Cities & Counties Subcommittee for 3/12/2025

  15. 2025-02-25 Tennessee General Assembly

    Recommended for passage, refer to Senate Finance, Ways, and Means Committee

  16. 2025-02-18 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 2/25/2025

  17. 2025-02-12 Tennessee General Assembly

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

  18. 2025-02-11 Tennessee General Assembly

    Assigned to s/c Cities & Counties Subcommittee

  19. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  20. 2025-02-10 Tennessee General Assembly

    P2C, ref. to State & Local Government Committee

  21. 2025-02-06 Tennessee General Assembly

    Intro., P1C.

  22. 2025-02-05 Tennessee General Assembly

    Filed for introduction

  23. 2025-01-31 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text
HOUSE BILL 1009
By Moody

SENATE BILL 681
By White

SB0681
001468
- 1 -

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

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-5-704, is amended by deleting the
language "one hundred seventy-five thousand dollars ($175,000)" wherever it appears and
substituting instead "two hundred fifty thousand dollars ($250,000)".
SECTION 2. This act takes effect July 1, 2025, the public welfare requiring it.