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

Overview Bill text 1 History 3 Sponsors

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SENATE BILL 986

By Southerland

AN ACT to amend Tennessee Code Annotated, Section

67-4-409, relative to transfers of realty.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

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PASSAGE PROBABILITY

23.9% Unlikely

Why this number

Stage base In Committee — base rate 51%, measured from TN's completed sessions
Momentum -5 27/100 from the pace of recorded action
Time since last action -22 606 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.