SB774 — Taxes, Ad Valorem - As introduced, adds a 5 percent penalty on delinquent property taxes with the penalty to be used to provide tax relief for the homeowners who are elderly low-income, disabled, or a disabled veteran or widow of a disabled veteran. - Amends TCA Title 67, Chapter 5.

SB774 — Taxes, Ad Valorem - As introduced, adds a 5 percent penalty on delinquent property taxes with the penalty to be used to provide tax relief for the homeowners who are elderly low-income, disabled, or a disabled veteran or widow of a disabled veteran. - Amends TCA Title 67, Chapter 5. · Informed CitizenrySB774 amends Tennessee Code Annotated Title 67, Chapter 5 to establish a 5% penalty on delinquent property taxes when suits are filed to enforce a tax lien. This penalty is calculated based on the…Open in Informed Citizenry