Homestead Exemptions Legislation - Tennessee

Companion Bill SB0383. Homestead Exemptions - Increases homestead exemption for persons who have minor children in their custody. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for HB1598 / *SB0383 Decrease State Revenues - Exceeds $10,000 Decrease Local Govt. Revenues - Exceeds $10,000 Bill Summary for HB1598 / *SB0383 Under present law garnishment provisions, an individual is entitled to a homestead exemption upon real property that is owned by the individual and used by the individual, the individual's spouse, or the individual's dependent as a principal place of residence. The amount of the exemption is: (1) $5,000 for an individual, provided that individuals who jointly own and use real property as their principal place of residence are entitled to homestead exemptions, the aggregate value of which exemptions combined [...]

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Companion Bill HB1598. Homestead Exemptions - Increases homestead exemption for persons who have minor children in their custody. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for *SB0383 / HB1598 Decrease State Revenues - Exceeds $10,000 Decrease Local Govt. Revenues - Exceeds $10,000 Bill Summary for *SB0383 / HB1598 Under present law garnishment provisions, an individual is entitled to a homestead exemption upon real property that is owned by the individual and used by the individual, the individual's spouse, or the individual's dependent as a principal place of residence. The amount of the exemption is: (1) $5,000 for an individual, provided that individuals who jointly own and use real property as their principal place of residence are entitled to homestead exemptions, the aggregate value of which exemptions combined [...]

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Companion Bill HB3707. Homestead Exemptions - Clarifies that $25,000 homestead exemption is only available to primary residential parent when parents are divorced or legally separated or to person with actual legal custody of child. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for *SB3197 / HB3707MINIMAL Bill Summary for *SB3197 / HB3707 Present law provides a homestead exemption of up to $25,000 for real property that is owned and used as a principal place of residence by an individual who has one or more minor children in the individual's custody. The homestead exemption is not subject to execution, attachment, or sale under legal proceedings. This bill specifies that the exemption is available only to the following individuals: (1) The parents of a child jointly if the child's parents are married and living together;[...]

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Companion Bill SB3197. Homestead Exemptions - Clarifies that $25,000 homestead exemption is only available to primary residential parent when parents are divorced or legally separated or to person with actual legal custody of child. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for HB3707 / *SB3197MINIMAL Bill Summary for HB3707 / *SB3197 Present law provides a homestead exemption of up to $25,000 for real property that is owned and used as a principal place of residence by an individual who has one or more minor children in the individual's custody. The homestead exemption is not subject to execution, attachment, or sale under legal proceedings. This bill specifies that the exemption is available only to the following individuals: (1) The parents of a child jointly if the child's parents are married and living together;[...]

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Companion Bill SB3197. Homestead Exemptions - Clarifies that $25,000 homestead exemption is only available to primary residential parent when parents are divorced or legally separated or to person with actual legal custody of child. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for HB3707 / *SB3197MINIMAL Bill Summary for HB3707 / *SB3197 Present law provides a homestead exemption of up to $25,000 for real property that is owned and used as a principal place of residence by an individual who has one or more minor children in the individual's custody. The homestead exemption is not subject to execution, attachment, or sale under legal proceedings. This bill specifies that the exemption is available only to the following individuals: (1) The parents of a child jointly if the child's parents are married and living together;[...]

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Companion Bill HB3707. Homestead Exemptions - Clarifies that $25,000 homestead exemption is only available to primary residential parent when parents are divorced or legally separated or to person with actual legal custody of child. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for *SB3197 / HB3707MINIMAL Bill Summary for *SB3197 / HB3707 Present law provides a homestead exemption of up to $25,000 for real property that is owned and used as a principal place of residence by an individual who has one or more minor children in the individual's custody. The homestead exemption is not subject to execution, attachment, or sale under legal proceedings. This bill specifies that the exemption is available only to the following individuals: (1) The parents of a child jointly if the child's parents are married and living together;[...]

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Companion Bill SB0383. Homestead Exemptions - Increases homestead exemption for persons who have minor children in their custody. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for HB1598 / *SB0383 Decrease State Revenues - Exceeds $10,000 Decrease Local Govt. Revenues - Exceeds $10,000 Bill Summary for HB1598 / *SB0383 Under present law garnishment provisions, an individual is entitled to a homestead exemption upon real property that is owned by the individual and used by the individual, the individual's spouse, or the individual's dependent as a principal place of residence. The amount of the exemption is: (1) $5,000 for an individual, provided that individuals who jointly own and use real property as their principal place of residence are entitled to homestead exemptions, the aggregate value of which exemptions combined [...]

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Companion Bill HB1598. Homestead Exemptions - Increases homestead exemption for persons who have minor children in their custody. - Amends TCA Title 26, Chapter 2, Part 3. Fiscal Summary for *SB0383 / HB1598 Decrease State Revenues - Exceeds $10,000 Decrease Local Govt. Revenues - Exceeds $10,000 Bill Summary for *SB0383 / HB1598 Under present law garnishment provisions, an individual is entitled to a homestead exemption upon real property that is owned by the individual and used by the individual, the individual's spouse, or the individual's dependent as a principal place of residence. The amount of the exemption is: (1) $5,000 for an individual, provided that individuals who jointly own and use real property as their principal place of residence are entitled to homestead exemptions, the aggregate value of which exemptions combined [...]

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