Tennessee · 114 session · senate
SB 986Taxes, 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.
- Status
- Passed chamber
- Latest action
- — Passed on Second Consideration, refer to Senate State and Local Government Committee
- Primary sponsor
- Southerland
- Taxes, Real Property
Sponsors
- Southerland · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025In effect1 section
Extracted from the latest version's text.