diff --git a/mypy/semanal.py b/mypy/semanal.py
index eb8964b30218..a816108f59f4 100644
--- a/mypy/semanal.py
+++ b/mypy/semanal.py
@@ -1878,7 +1878,7 @@ def push_type_args(
                 return None
             tvs.append((p.name, tv))
 
-            if self.is_defined_type_param(p.name):
+            if self.get_defined_type_param(p.name):
                 self.fail(f'"{p.name}" already defined as a type parameter', context)
             else:
                 assert self.add_symbol(
@@ -1887,15 +1887,13 @@ def push_type_args(
 
         return tvs
 
-    def is_defined_type_param(self, name: str) -> bool:
-        for names in self.locals:
-            if names is None:
-                continue
-            if name in names:
+    def get_defined_type_param(self, name: str) -> TypeVarLikeExpr | None:
+        for names in reversed(self.locals):
+            if names is not None and name in names:
                 node = names[name].node
                 if isinstance(node, TypeVarLikeExpr):
-                    return True
-        return False
+                    return node
+        return None
 
     def analyze_type_param(
         self, type_param: TypeParam, context: Context
@@ -2343,15 +2341,15 @@ class Foo(Bar, Generic[T]): ...
         has_type_var_tuple = False
         if defn.type_args is not None:
             for p in defn.type_args:
-                node = self.lookup(p.name, context)
+                node = self.get_defined_type_param(p.name)
                 assert node is not None
-                assert isinstance(node.node, TypeVarLikeExpr)
-                if isinstance(node.node, TypeVarTupleExpr):
+                assert isinstance(node, TypeVarLikeExpr)
+                if isinstance(node, TypeVarTupleExpr):
                     if has_type_var_tuple:
                         self.fail("Can only use one type var tuple in a class def", context)
                         continue
                     has_type_var_tuple = True
-                declared_tvars.append((p.name, node.node))
+                declared_tvars.append((p.name, node))
 
         for i, base_expr in enumerate(base_type_exprs):
             if isinstance(base_expr, StarExpr):
diff --git a/test-data/unit/check-python312.test b/test-data/unit/check-python312.test
index 8115bfb65e42..7252969ff2aa 100644
--- a/test-data/unit/check-python312.test
+++ b/test-data/unit/check-python312.test
@@ -2296,6 +2296,13 @@ class D[*Ts](Generic[Unpack[Us]]):  # E: Generic[...] base class is redundant \
     pass
 [builtins fixtures/tuple.pyi]
 
+[case testPEP695TypeVarReusedName]
+class C:
+    X = 5
+    class Inner[X]:
+        pass
+[builtins fixtures/tuple.pyi]
+
 [case testPEP695VariadicAliasUnpack]
 class C[*Ts]:
     pass