SB 1034 - HB 1071 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 13, 2025 Fiscal Analyst: Rebecca Chandler | Email: rebecca.chandler@capitol.tn.gov | Phone: 615-741-2564 SB 1034 - HB 1071 SUMMARY OF BILL: Adds, to the list of memorials protected under the Tennessee Heritage Protection Act (Act), a seal that has been erected for, named, or dedicated on public property in honor of any historic conflict, historic entity, historic event, historic figure, or historic organization. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Tennessee Code Annotated § 4-1-412(a)(7)(B) defines memorials protected under the Act to include statues, monuments, memorials, busts, nameplates, historical markers, plaques, artwork, flags, historic displays, schools, streets, bridges, and buildings that have been erected, named, or dedicated on public real property in honor of historic conflicts, entities, events, figures, or organizations. • The proposed legislation expands the list to include seals among the protected memorials. • The Tennessee Monuments and Memorials Commission, which is responsible for reviewing and ruling on proposed changes to protected memorials under the Act, will also oversee the inclusion of seals as protected memorials. However, this expansion is not expected to significantly affect the commission’s existing responsibilities or workload. Therefore, the proposed legislation is not expected to have a significant fiscal impact on state expenditures. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director