Tennessee SB 986: 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.

Status: Passed on Second Consideration, refer to Senate State and Local Government Committee (as of 2025-02-12)

State: Tennessee · Session: 114 · Bill: SB 986

Subjects: Real Property, Taxes

Sponsors: Southerland

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