TN SB0469 | 2025-2026 | 114th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 29 2025 - 25% progression
Action: 2025-01-29 - Filed for introduction
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 29 2025 - 25% progression
Action: 2025-01-29 - Filed for introduction
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, increases from 2.4 to 5 percent, the amount of realty transfer tax and mortgage tax collections retained as commission by county registers for collecting and reporting those taxes; requires 50 percent of such collections to be deposited in the county general fund; allocates the remaining balance to the wetland acquisition fund, local parks land acquisition fund, state lands acquisition fund, agricultural resources conservation fund, and state general fund. - Amends TCA Section 67-4-409.
Title
AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to recordation tax revenue.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-29 | Senate | Filed for introduction |
Same As/Similar To
HB0586 (Crossfiled) 2025-01-30 - Filed for introduction
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0469&ga=114 |
| Text | https://www.capitol.tn.gov/Bills/114/Bill/SB0469.pdf |
