Taxes, Real Property - 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.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Mar 2024
Senate Passage
Feb 2024
House Passage
Governor
Introduced Jan 31, 2024
Last action Mar 19, 2024
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
2
Mar 19, 2024
Committee
Assigned to General Subcommittee of Senate State and Local Government Committee
upper
Mar 12, 2024
Upper · Passed
Placed on Senate State and Local Government Committee calendar for 3/19/2024
upper
Feb 1, 2024
Upper · Passed
Passed on Second Consideration, refer to Senate State and Local Government Committee
upper
Jan 31, 2024
Introduced
Introduced, Passed on First Consideration
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jon Lundberg
RRepublican
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