Bill > SB1431

This bill: Provides appropriations for Tennessee state government for fiscal years 2024-2025 and 2025-2026, covering expenses for the legislative, executive, and judicial branches across various departments, institutions, offices, and agencies. The total appropriation is approximately $21 billion, with key provisions including: 1. Funding for major state departments and agencies, including significant allocations for: - Education (including $7,295 per student base funding through the Tennessee Investment in Student Achievement program) - TennCare (Medicaid) medical services - Higher education scholarships - Transportation infrastructure - Public safety and law enforcement - Healthcare and mental health services 2. Salary and compensation provisions, including: - Performance-based bonus and pay pools for state employees - Potential salary increases across different state agencies - Funding for state employee health insurance and benefits 3. Special grants and targeted funding for various initiatives, such as: - Grants to local governments and nonprofit organizations - Competitive grants for emergency services, museums, and community development - Specific funding for hurricane recovery efforts - Support for veterans, education, and workforce development programs 4. Capital outlay and maintenance funding for state facilities and infrastructure 5. Provisions for budget management, including authorization for the Commissioner of Finance and Administration to transfer and adjust appropriations between departments and programs The bill provides comprehensive financial planning for Tennessee's state government operations, reflecting legislative priorities and allocating resources across various sectors and services.

Budget and Finance

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1431&ga=114