TN HB2217 | 2023-2024 | 113th General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 26 2024 - 25% progression
Action: 2024-03-20 - Def. to Summer Study in Property & Planning Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 26 2024 - 25% progression
Action: 2024-03-20 - Def. to Summer Study in Property & Planning Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, revises the formula for calculating tax relief on real property owned by eligible disabled veterans so that in determining the amount of relief to such a taxpayer, the assessed value on the first $175,000 of full market value is to be multiplied by the ad valorem tax rate of the jurisdiction instead of by a rate that has been adjusted to reflect the relationship between appraised value and market value in that jurisdiction. - Amends TCA Title 67, Chapter 5, Part 7.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-20 | House | Def. to Summer Study in Property & Planning Subcommittee |
| 2024-03-13 | House | Placed on s/c cal Property & Planning Subcommittee for 3/20/2024 |
| 2024-03-13 | House | Sponsor(s) Added. |
| 2024-03-06 | House | Def. to Veteran's Calendar |
| 2024-02-28 | House | Placed on s/c cal Property & Planning Subcommittee for 3/6/2024 |
| 2024-02-05 | House | Sponsor(s) Added. |
| 2024-01-31 | House | Assigned to s/c Property & Planning Subcommittee |
| 2024-01-31 | House | P2C, ref. to Local Government Committee |
| 2024-01-29 | House | Intro., P1C. |
| 2024-01-26 | House | Filed for introduction |
Same As/Similar To
SB2111 (Crossfiled) 2024-03-19 - Assigned to General Subcommittee of Senate State and Local Government Committee
