Real Property - As enacted, extends from January 28, 2025, to April 15, 2025, the date by which an assessor must have determined that property was destroyed or damaged by a qualified disaster in order for the owner to be eligible for a direct payment from the comptroller of the treasury. - Amends TCA Title 67.

HB 726 amends Tennessee law to extend the deadline for property assessors to determine if real property was destroyed or damaged by a qualified disaster. Specifically, it changes the required timeframe from 35 to 40 days after January 28, 2025, allowing property owners more time to qualify for direct payments from the state comptroller. This change directly affects property owners in areas impacted by disasters who seek state disaster relief payments. The bill became effective May 21, 2025, after being signed by the Governor.