Tennessee Senate Bill SB1849

Tennessee 2023-2024 Regular Session

• Introduced: 1/23/24

Caption

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 any acts inconsistent herewith; to provide provisional continuing appropriations; and to establish certain provisions, limitations, and restrictions under which appropriations may be obligated and expended. This act makes appropriations for the purposes described above for the fiscal years beginning July 1, 2023, and July 1, 2024.

Impact

By detailing the appropriations, SB1849 seeks to establish a framework within which state resources can be allocated effectively. It includes provisions for the service of public debt and establishes limitations and restrictions on how appropriations can be obligated and expended, thus ensuring a level of fiscal responsibility within state financial management. In particular, the bill earmarks funds within the Department of Transportation for the designation of memorial highways and bridges honoring individuals who lost their lives in the line of duty.

Summary

Senate Bill 1849 is legislation focused on appropriations for the state government for the fiscal years beginning July 1, 2023, and July 1, 2024. It outlines allocations necessary for the administration, operation, and maintenance across the legislative, executive, and judicial branches of various state departments and agencies. The bill aims to ensure that essential government functions can continue to operate without interruption, and it also addresses the funding of state aid and obligations, as well as capital outlays.

Contention

While the text of SB1849 primarily centers on crucial funding mechanisms for state operations, potential points of contention may arise around the allocations made, the effectiveness of funding measures, and the impact on revenue receipts. The intent to recognize revenue loss from enacted bills indicate a cautious approach to fiscal policy, as sponsors seek to balance revenue generation with the need for appropriations. As discussions around state financing evolve, stakeholders may express differing views on the adequacy and appropriateness of the proposed budgetary measures.