HB 217 - SB 265
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 22, 2025
Fiscal Analyst: Justin Billingsley | Email: justin.billingsley@capitol.tn.gov | Phone: 615-741-2564
HB 217 - SB 265
SUMMARY OF BILL: Redesignates the Nashville International Airport (BNA) as the
“Trump International Airport.” Requires Metropolitan Nashville Airport Authority (MNAA) to
erect suitable signs or markers, and take any other appropriate actions required by such
redesignation. Requires the MNAA to, as necessary: (1) amend, surrender, or abandon any
established trademark; (2) revise any bylaws or governing documents; and (3) revise or amend any
contract between the MNAA and BNA and any third parties.
Specifies that for purposes of amending by-laws or governing documents and carrying out necessary
administrative duties, this act takes effect upon becoming law. For all other purposes, this act takes
effect January 1, 2026.
FISCAL IMPACT:
STATE GOVERNMENT
EXPENDITURES Highway Fund
FY25-26 $3,900
LOCAL GOVERNMENT
EXPENDITURES Mandatory/Metropolitan Nashville Airport Authority
FY25-26 $10,340,000
Article II, Section 24 of the Tennessee Constitution provides that: no law of general application shall impose increased expenditure requirements
on cities or counties unless the General Assembly shall provide that the state share in the cost.
Assumptions:
• The BNA is under the authority of the MNAA.
• This redesignation will result in an increase in costs to the MNAA, which is a component
unit of the Metropolitan Government of Nashville-Davidson County.
• The MNAA was asked to provide costs which would be incurred as a result of this
redesignation.
• According to information provided by the MNAA, this redesignation will result in a total of
$10,340,000 in one-time local expenditures, broken down by category as follows:
HB 217 - SB 265 2
Expense Category Estimated Costs
Administration/Operations $2,250,000
Branding $2,220,000
Infrastructure/Signage $3,590,000
Trademark/Legal $2,280,000
TOTAL $10,340,000
• For purposes of amending by-laws or governing documents and carrying out necessary
administrative duties, this act takes effect upon becoming law. For all other purposes, this
act takes effect January 1, 2026.
• According to the Department of Transportation, there will be a one-time increase in state
expenditures from the Highway Fund of $3,854 to completely or partially replace various
signs to redesignate the airport as Trump International Airport.
• All costs incurred as a result of this legislation are assumed to occur in FY25-26.
• The MNAA is self-supporting, using aircraft landing fees, fees from terminal and other
rentals and revenue from parking, concessions, and various additional sources to fund
operating expenses. The MNAA is not dependent on taxpayer funds.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director