Tennessee SB6007 amends tax code to provide payments for property damaged by a qualified disaster and allows governmental entities to send aid across.

Tennessee SB6007 amends the tax code to provide payments for property damaged by a qualified disaster, defined as any disaster certified by FEMA occurring between September 26, 2024, and September 30, 2024. Payments are equal to the tax levied on the property for tax year 2024 plus 30%. Owners must submit necessary documentation by June 30, 2025, to receive the payment. The act also allows participating governmental entities to send personnel and equipment outside their boundaries to respond to requests for aid in emergencies, subject to approval by the chief executive officer.

Tennessee SB6007 amends tax code to provide payments for property damaged by a qualified disaster and allows governmental entities to send aid across.

Tennessee SB6007 amends the tax code to provide payments for property damaged by a qualified disaster, defined as any disaster certified by FEMA occurring between September 26, 2024, and September 30, 2024. Payments are equal to the tax levied on the property for tax year 2024 plus 30%. Owners must submit necessary documentation by June 30, 2025, to receive the payment. The act also allows participating governmental entities to send personnel and equipment outside their boundaries to respond to requests for aid in emergencies, subject to approval by the chief executive officer.