Taxes, Ad Valorem - As introduced, changes the reimbursement amount for property tax relief for disabled veteran homeowners; increases the reimbursement amount from payment on the first $175,000 of the full market value of the home to payment on the first $200,000 of the full market value. - Amends TCA Title 67, Chapter 5, Part 7.

SB 1798 increases property tax relief for disabled veteran homeowners in Tennessee by raising the reimbursement threshold from $175,000 to $200,000 of a home's full market value. This change directly affects eligible disabled veterans who qualify for property tax relief under Tennessee law. The bill amends Tennessee Code Annotated § 67-5-704(a) to adjust the covered value amount for reimbursement calculations. The updated reimbursement rate takes effect for tax years beginning July 1, 2026. The change expands the property value covered for tax relief without altering eligibility requirements.