Tennessee · 114th Regular Session (2025-2026) · Bill

HB 649: Taxes - 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.

In committee Last action February 4, 2026: Sponsor(s) Added.

Plain-language summary

HB 649 is a bill introduced in the Tennessee House on February 3, 2025. According to its official title, it concerns: Taxes - 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. Primary sponsor: Pat Marsh (Republican). Most recent recorded action (February 4, 2026): Sponsor(s) Added.

HB 649: Taxes - 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.

Plain-language summary

Sponsors