Tennessee state law provides for property tax relief for low-income elderly and disabled homeowners, as well as disabled veteran homeowners or their surviving spouses. This is a state program funded by appropriations authorized by the General Assembly. Tax collecting officials, including county trustees, receive applications from taxpayers who may qualify. The Tax Relief section processes these applications and determines eligibility for the program. Each year over 100,000 individuals receive benefits from this $41,000,000 plus program. The Tax Relief Program began in 1973, as a result of the 1972 "Question 3" constitutional amendment.
NO. Tax relief is payment by the State of Tennessee to reimburse homeowners meeting certain eligibility requirements, for a part or all of paid property taxes. Tax Relief is not an exemption. You still receive your tax bill(s) and are responsible for paying your property taxes each year.
The amount may vary year to year depending on your property assessment and your county or city tax rate.
Processing time depends on the amount of workload received at any given time within the tax year. So it is not possible to provide a specific length of time in which to expect your application to process.