States / Tennessee / SB 986

SB 986 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
Feb 5, 2025
Last action
Feb 12, 2025 — Passed on Second Consideration, refer to Senate State and Local Government Committee
Session
114
Momentum
27 · Low