Real Property - As enacted, expands the purposes for which monies in the wetland acquisition fund may be used. - Amends TCA Section 67-4-409.

SB 843 (enacted as Public Chapter 441) changes how Tennessee distributes revenue from real estate transfer taxes. It requires the state to return 50% of these taxes - collected by counties when property transfers occur - to the specific county where the tax was paid, starting July 1, 2025. This directly affects all Tennessee counties, providing them with additional local funding for services and infrastructure. The key provision amends Tennessee Code Annotated §67-4-409(d) to mandate this revenue sharing, shifting funds currently sent entirely to the state treasury back to local governments.