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Bill > HB1402
TN HB1402
TN HB1402AN ACT pursuant to Article II, Section 24, of the Tennessee Constitution providing for the dollar amount and rate by which the growth of appropriations from state tax revenues will exceed the estimated growth in the state's economy and to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 52.
summary
Introduced
02/10/2025
02/10/2025
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, deletes requirements that budget document includes personal income statement for calendar year 1977 and actual state appropriations for fiscal year 1977-1978. - Amends TCA Title 9, Chapter 4, Part 52.
AI Summary
This bill updates Tennessee's budget documentation requirements by removing outdated references to specific historical fiscal years (particularly 1977 and 1977-1978) from the state's legal code. Specifically, the bill amends Tennessee Code Annotated, Section 9-4-5203, to streamline budget document requirements by eliminating mandates that budget documents include personal income statements and actual state appropriations for those older fiscal years. Instead, the updated language now requires budget documents to include information only for the current fiscal year in progress and the most recently completed calendar year. The changes appear to be a housekeeping measure to modernize the state's budgeting statute by removing obsolete reporting requirements that are no longer relevant due to the passage of time. The bill will take effect immediately upon becoming law, as determined by the Tennessee General Assembly.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Assigned to s/c Finance, Ways, and Means Subcommittee (on 01/14/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1402&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB1402.pdf |
| Fiscal Note - SB1394 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB1394.pdf |
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