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TN HB2973

TN HB2973
AN ACT to make appropriations for the purpose of defraying the expenses of the state government for the fiscal years beginning July 1, 2023, and July 1, 2024, in the administration, operation and maintenance of the legislative, executive and judicial branches of the various departments, institutions, offices and agencies of the state; for certain state aid and obligations; for capital outlay, for the service of the public debt, for emergency and contingency; to repeal certain appropriations and


summary

Introduced
02/08/2024
In Committee
04/16/2024
Crossed Over
04/18/2024
Passed
04/30/2024
Dead
Signed/Enacted/Adopted
05/20/2024

Introduced Session

113th General Assembly

Bill Summary

As enacted, makes appropriations for the fiscal years beginning July 1, 2023, and July 1, 2024.

AI Summary

This bill: Makes appropriations for the purpose of defraying the expenses of the state government for the fiscal years beginning July 1, 2023, and July 1, 2024, in the administration, operation and maintenance of the legislative, executive and judicial branches of the various departments, institutions, offices and agencies of the state; for certain state aid and obligations; for capital outlay, for the service of the public debt, for emergency and contingency; and repeals certain appropriations. The key provisions include: - Appropriating funds for the Tennessee Investment in Student Achievement (TISA) funding formula, which provides state funding for K-12 education based on student needs and outcomes. - Providing funds for economic development initiatives, like the FastTrack Infrastructure and Job Training Assistance program, the Tennessee Entertainment Commission Film Incentive Fund, and various grants and investments. - Appropriating funds for healthcare programs, including TennCare, CoverKids, and the Tennessee Opioid Abatement Council. - Providing funding for law enforcement, emergency services, and military/national guard operations. - Allocating funds for higher education, including scholarships, grants, and campus projects. - Establishing salary increases and bonuses for state and higher education employees. - Allowing for the carry-forward of unexpended appropriations for various purposes. Overall, this is the state's annual appropriations bill that funds core government operations, services, and initiatives across Tennessee.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Effective date(s) 05/15/2024, 07/01/2024 (on 05/20/2024)

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