TN HB1107 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 10 2021 - 25% progression, died in chamber
Action: 2021-04-07 - Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 10 2021 - 25% progression, died in chamber
Action: 2021-04-07 - Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, clarifies that a deed is treated as a quitclaim deed for transfer tax purposes if the deed only conveys the grantor's interest to the grantee, and that a deed containing language evidencing an intent to convey the property itself, warranties of title, or habendum clauses is taxed as a transfer of a freehold estate. - Amends TCA Title 67, Chapter 4, Part 4.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 4, relative to transfer tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-07 | House | Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee |
| 2021-03-31 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/7/2021 |
| 2021-03-31 | House | Action Def. in s/c Finance, Ways, and Means Subcommittee to 4/7/2021 |
| 2021-03-24 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/31/2021 |
| 2021-03-24 | House | Action Def. in s/c Finance, Ways, and Means Subcommittee to 3/31/2021 |
| 2021-03-17 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/24/2021 |
| 2021-02-24 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
| 2021-02-22 | House | P2C, ref. to Finance, Ways, and Means Committee |
| 2021-02-11 | House | Intro., P1C. |
| 2021-02-10 | House | Filed for introduction |
Same As/Similar To
SB1230 (Crossfiled) 2021-03-30 - Refer to Senate Finance, Ways & Means Committee w/ recommendation, as amended
