SB 126 In Committee
Taxes, Real Property - 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.
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
No summary has been published for this bill. The full text is on the Bill text tab.
- Chamber
- Senate
- Introduced
- Jan 14, 2025
- Last action
- Jan 16, 2025 — Passed on Second Consideration, refer to Senate State & Local Government Committee
- Session
- 114
- Momentum
- 27 · Low