SB399 — Homestead Exemptions - As introduced, increases the homestead exemption relative to garnishments; creates homestead exemption for agricultural land; requires the fiscal review committee to recommend to the general assembly every three years suggested increases in the homestead exemption. - Amends TCA Title 26 and Title 30.

SB399 — Homestead Exemptions - As introduced, increases the homestead exemption relative to garnishments; creates homestead exemption for agricultural land; requires the fiscal review committee to recommend to the general assembly every three years suggested increases in the homestead exemption. - Amends TCA Title 26 and Title 30. · Informed CitizenrySB399 amends the Tennessee Code to increase homestead exemption amounts. Specifically, it increases the homestead exemption from $5,000 to $35,000 and from $7,500 to $52,500 in certain instances. T…Open in Informed Citizenry