HB 215 – SB 486 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 3, 2025 Fiscal Analyst: Laura Moore | Email: laura.moore@capitol.tn.gov | Phone: 615-741-2564 HB 215 – SB 486 SUMMARY OF BILL: Appropriates $25,000,000 in non-recurring funds to the legislature for the planning and construction of a new parking garage with at least 400 parking spaces to be attached to the north side of the Cordell Hull Building and used solely by legislative employees. FISCAL IMPACT: STATE GOVERNMENT EXPENDITURES General Fund FY25-26 $25,000,000 Assumption: • The appropriation of such funds for the planning and construction of a new parking garage will increase state expenditures from the General Fund by $25,000,000 in FY25-26. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director