Taxes, Ad Valorem - As introduced, increases the amount of the reimbursement that is paid under the provisions for property tax relief for disabled veteran homeowners from the first $175,000 of the full market value of the home to the first $250,000 of the full market value. - Amends TCA Section 67-5-704.

HB 1009 increases property tax relief for disabled veteran homeowners in Tennessee by raising the home value threshold for tax exemption from $175,000 to $250,000. This change directly affects disabled veterans who own their primary residence, allowing them to qualify for relief on a larger portion of their home's market value. The bill amends Tennessee Code Annotated, Section 67-5-704, to update this threshold, meaning veterans with homes valued up to $250,000 will receive tax relief where previously only homes up to $175,000 qualified. The law would take effect on July 1, 2025.