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

HB 842 redirects 50% of Tennessee's real estate transfer tax revenue (currently $0.37 per $100 of property value) back to the county where the tax was collected, starting July 1, 2025. This change applies to all property transfers after that date and directly affects Tennessee counties, providing them with new local revenue to fund services and infrastructure. The bill amends Tennessee Code Annotated Section 67-4-409 to require the state to return these funds to counties based on the total tax collected in each jurisdiction. This policy shift aims to ease county budget pressures from rising costs and population growth without increasing the tax rate.