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SB 775

Taxes, Ad Valorem - As introduced, requires 10 percent of the excess proceeds from a delinquent property tax sale to be used for tax relief for homeowners who are elderly low-income, disabled, or a disabled veteran or widow of a disabled veteran. - Amends TCA Title 67, Chapter 5.

114th Regular Session (2025-2026) Introduced by Richard Briggs

Dedicates 10% of delinquent property tax sale surplus to property tax relief for elderly, disabled, and veteran homeowners in Tennessee.

Passed on Second Consideration, refer to Senate State and Local Government Committee
#advalorem #taxes
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WeVote Research Nonpartisan
Bill Summary · SB 775

Legislative bill overview

SB 775 requires that 10 percent of surplus revenue generated from delinquent property tax sales be directed toward property tax relief programs for specific vulnerable populations: elderly low-income homeowners, disabled individuals, disabled veterans, and widows of disabled veterans. The bill modifies Tennessee's existing property tax code (TCA Title 67, Chapter 5) to establish this dedicated funding mechanism.

Why is this important

Delinquent property tax sales can displace homeowners and generate significant public revenue. This bill redirects a portion of those proceeds to help keep vulnerable populations in their homes by reducing their tax burden. For seniors and disabled individuals on fixed incomes, property tax relief can be the difference between housing stability and homelessness.

Potential points of contention

  • Local government revenue impact: Counties and municipalities currently benefit from excess tax sale proceeds; redirecting 10% reduces their available funds and may face resistance from local officials who depend on this revenue
  • Program administration complexity: Identifying eligible recipients, verifying disability status, and managing a new tax relief program requires administrative infrastructure and ongoing costs
  • Funding sufficiency: Excess proceeds from tax delinquencies may fluctuate unpredictably, creating inconsistent revenue for relief programs and making long-term planning difficult
  • Scope limitations: The bill targets specific groups; questions may arise about whether other vulnerable populations (low-income renters, working poor families) should be included

Compiled from official sources — confirm details with the bill’s official record.

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