AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to the recordation tax.
Introduced on 2/5/25
Summary
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From the Legislature
As introduced, requires 50 percent of collections of the recordation tax levied on transfers of realty to be remitted to each county; requires counties to use such funds for transportation infrastructure, schools, and other nonrecurring expenses. - Amends TCA Section 67-4-409.
Sponsors
0
11
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Democratic CaucusRepublican Caucus
Roll Call Votes
SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 0 PNV 0
8 Yea
RRDRRRDR0 Nay
Calendar
Apr 1, 2025
10:30 AM
Senate State & Local Government Hearing
Apr 20
1:00 PM
Senate Finance, Ways And Means Hearing