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Latest Update: Thursday, July, 24th 2008

Taxes, Real Property - Increases from $20,000 to $24,000 the maximum allowable income for determining eligibility to participate in the state's tax relief program for homeowners who are totally and permanently disabled. - Amends TCA Section 67-5-703.

Fiscal Summary for HB2517 / *SB2541

Increase State Expenditures - Exceeds $269,000 Increase Local Govt. Expenditures - Exceeds $100,000/Permissive Funding to increase the income ceiling to $24,000 for disabled taxpayers for tax year 2007 was erroneously included in the general appropriations bill for FY07-08 as part of the funding for Public Chapter 539 (which applied only to elderly taxpayers).

Latest Actions
  • 05/08/2008 - Companion became Public Chapter 806
  • 04/14/2008 - Companion Senate Bill Substituted
  • 04/07/2008 - H. Placed on Regular Calendar for 4/14/08
  • 04/07/2008 - Reset on regular calendar for 4/14/08
  • 04/03/2008 - H. Placed on Regular Calendar for 4/07/08

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Bill Text
File name Last Updated
HB2517 Bill Text PDF01/10/2008

Fiscal Notes
File name Last Updated
SB2541 Fiscal Notes PDF01/09/2008