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

SB 1080: 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 April 20, 2026: Assigned to General Subcommittee of Senate Finance, Ways and Means Committee

Plain-language summary

SB 1080 is a bill introduced in the Tennessee Senate on February 5, 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: Johnson. Most recent recorded action (April 20, 2026): Assigned to General Subcommittee of Senate Finance, Ways and Means Committee.

Sponsors

Primary sponsor: Johnson.