2025-2026 Regular SessionTennessee Legislature

SB0843: AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to taxes on transfers of realty.

Legislative Summary

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.

Demographic Impact

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Neutral
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Bill History

2/4/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/12/2025
Passed on Second Consideration, refer to Senate State and Local Government Committee
Senate
2/25/2025
Placed on Senate State and Local Government Committee calendar for 3/4/2025
Senate
3/4/2025
Action deferred in Senate State and Local Government Committee to 3/11/2025
Senate
3/4/2025
Placed on Senate State and Local Government Committee calendar for 3/11/2025
Senate
3/11/2025
Recommended for passage with amendment/s, refer to Senate Energy, Ag., & NR Committee Ayes 8, Nays 0 PNV 0
Senate
3/13/2025
Placed on Senate Energy, Ag., and Nat. Resources Committee calendar for 3/19/2025
Senate
3/19/2025
Action deferred in Senate Energy, Ag., and Nat. Resources Committee to 3/26/2025
Senate
3/19/2025
Placed on Senate Energy, Ag., and Nat. Resources Committee calendar for 3/26/2025
Senate
3/26/2025
Recommended for passage, refer to Senate Finance, Ways, and Means Committee
Senate
4/1/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025
Senate
4/8/2025
Action deferred in Senate Finance, Ways, and Means Committee to 4/9/2025
Senate
4/9/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/9/2025
Senate
4/9/2025
Action deferred in Senate Finance, Ways, and Means Committee to 4/15/2025
Senate
4/10/2025
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
Senate
4/10/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
Senate
4/15/2025
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 0
Senate
4/17/2025
Placed on Senate Regular Calendar for 4/21/2025
Senate
4/21/2025
Senate adopted Amendment (Amendment 1 - SA0113)
Senate
4/21/2025
Senate adopted Amendment (Amendment 2 - SA0375)
Senate
4/21/2025
Senate adopted Amendment (Amendment 3 - SA0426)
Senate
4/21/2025
Passed Senate as amended, Ayes 28, Nays 3, PNV 1
Senate
4/21/2025
Engrossed; ready for transmission to House
Senate
4/21/2025
Subst. for comp. HB.
House of Representatives
4/21/2025
Am. withdrawn. (Amendment 1 - HA0386)
House of Representatives
4/21/2025
Am. withdrawn. (Amendment 2 - HA0387)
House of Representatives
4/21/2025
Passed H., Ayes 81, Nays 3, PNV 5
House of Representatives
4/21/2025
Sponsor(s) Added.
Senate
4/25/2025
Enrolled and ready for signatures
Senate
4/29/2025
Signed by Senate Speaker
Senate
4/30/2025
Signed by H. Speaker
House of Representatives
5/1/2025
Transmitted to Governor for action.
Senate
5/9/2025
Signed by Governor.
Senate
5/15/2025
Pub. Ch. 441
5/15/2025
Effective date(s) 07/01/2025

Amendments

SA0426

Amendment 3-0 to SB0843

4/15/2025Not Adopted

SA0375

Amendment 2-0 to SB0843

4/8/2025Not Adopted

SA0113

Amendment 1-0 to SB0843

3/13/2025Not Adopted

Roll Call Votes

FLOOR VOTE: as Amended Third Consideration
4/21/2025
28
Yea
3
Nay
1
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION
4/21/2025
81
Yea
3
Nay
5
Not Voting
0
Absent
Result: PASSED
SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 0
4/15/2025
10
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE ENERGY, AGRICULTURE AND NATURAL RESOURCES COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee
3/26/2025
7
Yea
2
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment, refer to Senate Energy, Ag., and Nat. Resources Committee
3/11/2025
8
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(5/15/2025)
Chamber
Senate

Sponsors

Republican: 2

Primary Sponsor

Page Walley
Page Walley
Republican

Co-Sponsors (1)

Documents

Chaptered
Bill Text5/14/202580.5 KB
Draft
Bill Text2/4/202511.3 KB
Fiscal Note/Analysis
Fiscal Note/Analysis4/11/2025149.3 KB
Fiscal Note/Analysis
Fiscal Note/Analysis4/2/2025151.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis3/15/2025148.1 KB
Fiscal Note
Fiscal Note2/26/2025125.1 KB