Bill > HB2318

This bill modifies Tennessee law concerning the Joint Committee on Ways and Means, which is a legislative body that reviews state finances. Specifically, it clarifies the procedures for state agencies, referred to as "recipients," when applying for or accepting federal aid. The bill allows the committee to issue a notice that a hearing will not be held for certain federal aid applications or acceptances, and it also permits the committee to hold hearings to review federal aid applications or acceptances, even if the amount is less than $25 million. It also adjusts the timelines and requirements for reporting and reviewing federal aid, particularly for annual or multi-year grants, and makes minor changes to reporting deadlines and exemptions for certain types of federal funding, such as transportation grants.