Forfeiture of Assets - As introduced, increases the burden of proof required to be met by the state in civil asset forfeiture proceedings from a preponderance of evidence standard to a clear and convincing evidence standard. - Amends TCA Title 40, Chapter 33.

HB 1024 amends Tennessee law to raise the standard of proof required in civil asset forfeiture cases from "preponderance of evidence" to "clear and convincing evidence." This change directly affects state prosecutors and property owners, as the state must now meet a higher burden to keep seized assets. The bill updates two specific statutes (TCA §40-33-210 and §40-33-213) to reflect this new standard. It will take effect July 1, 2025, applying to all forfeiture proceedings occurring on or after that date.