TN SB0998 | 2021-2022 | 112th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 10 2021 - 25% progression, died in chamber
Action: 2021-02-22 - Passed on Second Consideration, refer to Senate State and Local Government Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, exempts payment of the recordation tax on transfers of residential real property purchased and resold by a business entity that operates an internet website or application. - Amends TCA Section 67-4-409.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to taxation of real property platform transactions.

Sponsors


History

DateChamberAction
2021-02-22SenatePassed on Second Consideration, refer to Senate State and Local Government Committee
2021-02-11SenateIntroduced, Passed on First Consideration
2021-02-10SenateFiled for introduction

Same As/Similar To

HB1070 (Crossfiled) 2021-02-22 - Assigned to s/c Property & Planning Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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