HB 564 - SB 548
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 1, 2025
Fiscal Analyst: Christine Drescher | Email: christine.drescher@capitol.tn.gov | Phone: 615-741-2564
HB 564 - SB 548
SUMMARY OF BILL: Defines “indirect gift” as it relates to prohibited gifts for candidates
for public office and their immediate family. Requires the Governor and officers of the Governor’s
cabinet to disclose travel expenses paid by another person, with certain exceptions, with an interest
in a public policy of this state if the travel was for the purpose of informing or advising the
Governor or officer on public policy.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• Tennessee Code Annotated § 3-6-305(a) specifies that no lobbyist or employer of a lobbyist
may provide a gift, directly or indirectly, to a candidate for public office, official in the
legislative branch, official in the executive branch, or immediate family of such candidate or
official, and that none of these individuals may solicit or accept a direct or indirect gift.
• Pursuant to the proposed legislation, an “indirect gift” includes, but is not limited to, a gift
provided by an entity that is related to, and has its business or political activities intertwined
with, the employer of a lobbyist.
• It is assumed that creating a definition for indirect gift will not result in any increase in the
number of violations under Tenn. Code Ann. § 3-6-305.
• Requiring the Governor and officers of the Governor’s cabinet to disclose paid travel
expenses can be accomplished without any significant increase in state expenditures, and
without any additional personnel.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director