SB 720 - HB 894 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 8, 2025 Fiscal Analyst: Rebecca Chandler | Email: rebecca.chandler@capitol.tn.gov | Phone: 615-741-2564 SB 720 - HB 894 SUMMARY OF BILL: Extends the maximum amount of consecutive full terms a member of the Board of Ground Water Management (Board) can serve, from two to three. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Pursuant to Tenn. Code Ann. § 69-10-107(a)(2), a member of the Board cannot serve more than two consecutive full terms. The proposed legislation extends this limitation to three consecutive terms. • The proposed change only modifies term limits for the Board without changing compensation, benefits, or administrative costs, resulting in no impact to state expenditures. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director