SB 105 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly January 20, 2025 Fiscal Analyst: Laura Moore | Email: laura.moore@capitol.tn.gov | Phone: 615-741-2564 SB 105 SUMMARY OF BILL: Extends the termination date of the Transportation Modernization Board to June 30, 2029. Under the Tennessee Governmental Entity Review Law, the board is scheduled to terminate on June 30, 2025. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • This legislation continues an existing entity at its current funding level. • This Board was established by Public Chapter 159 of 2023, effective April 17, 2023. • According to the Department of Transportation, the board had no expenditures in FY22- 23 or FY23-24. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director