TN SB1326

Taxpayers aged 85 or older who have received property tax relief for at least 5 consecutive years are exempt from submitting complete applications or reporting income for continued participation in the program

Eligible taxpayers must still meet the annually adjusted income threshold and all non-income-related eligibility criteria

The State Board of Equalization, Division of Property Assessments, must develop a simplified reapplication process available online or by mail with checkbox verification of eligibility requirements

Takes effect immediately upon becoming law