Bill > SB0875

This bill establishes a new annual process for population estimation and certification in Tennessee to ensure more accurate and equitable distribution of funds to counties and municipalities. Specifically, the bill requires the Boyd Center for Business and Economic Research at the University of Tennessee to generate annual population estimates for each county and municipality through the Tennessee state data center. These estimates will then be reviewed and certified by the Department of Economic and Community Development prior to July 1 each year during the period between federal decennial censuses. The certified population figures will be used to allocate and distribute money to local jurisdictions, except in cases where a special census has been conducted or during the year of an official federal census. The bill amends multiple sections of Tennessee Code to implement this process, ensuring that population-based funding allocations are based on the most current annual population estimates. The new system aims to provide a more dynamic and responsive method of tracking population changes between official census years, which can significantly impact local funding distributions. The legislation is set to take effect on January 1, 2026.

Budget and Finance, Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0875&ga=114