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Latest Update: Saturday, July, 05th 2008

Taxes, Real Property - Sets the maximum income that disabled homeowners may have and still qualify for property tax relief at $24,000 for the 2007 tax year. - Amends TCA Section 67-5-703.

Fiscal Summary for SB2967 / *HB2455

Increase State Expenditures - Exceeds $269,400 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
  • 03/13/2008 - Re-Referred to Senate Calendar Comm.
  • 03/11/2008 - Placed on Senate Regular Calendar (1) Calendar for 03/13/2008
  • 02/26/2008 - Recommended for pass; Referred to Senate Calendar Comm.
  • 02/21/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 02/26/2008
  • 02/05/2008 - Referred to Senate F,W&M w/recommend

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Bill Text
File name Last Updated
SB2967 Bill Text PDF01/17/2008

Fiscal Notes
File name Last Updated
SB2967 Fiscal Notes PDF01/14/2008