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SB 986 Passed

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.

Official Bill Page

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Legislative Timeline

3 actions
  1. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  2. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  3. Feb 5, 2025 lower
    Filed for introduction
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