SB0986Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to transfers of realty.
Introduced by Steve Southerland, District 9
What does this bill do?
Plain-English breakdown
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Official description
As introduced, requires half the revenue collected from recordation taxes be returned to the county in which the real property is located on a recurring basis; applies to transfers of real property on or after July 1, 2025. - Amends TCA Section 67-4-409.
Where it stands
Passed on Second Consideration, refer to Senate State and Local Government Committee
February 12, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate State and Local Government Committee
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