Tennessee SB 126: 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 & Local Government Committee (as of 2025-01-16)

State: Tennessee · Session: 114 · Bill: SB 126

Subjects: Real Property, Taxes

Sponsors: Walley

View Tennessee SB 126 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.