AN ACT to make appropriations for the purpose of defraying the expenses of the state government for the fiscal years beginning July 1, 2024, and July 1, 2025, in the administration, operation, and maintenance of the legislative, executive, and judicial branches of the various departments, institutions, offices, and agencies of the state; for certain state aid and obligations; for capital outlay, for the service of the public debt, for emergency and contingency; to repeal certain appropriations and any acts inconsistent herewith; to provide provisional continuing appropriations; and to establish certain provisions, limitations, and restrictions under which appropriations may be obligated and expended. This act makes appropriations for the purposes described above for the fiscal years beginning July 1, 2024, and July 1, 2025.
The act stipulates that a sum sufficient will be made available from the Department of Transportation specifically to fund any general bill or resolution enacted during the 2025 session that designates an interstate, United States highway, or state highway as a memorial highway or memorial bridge for individuals killed in the line of duty. This provision signifies the state's recognition of services rendered by individuals who have made the ultimate sacrifice while performing their duties.
House Bill 1404 is focused on making appropriations to support the expenses of the state government for the fiscal years beginning on July 1, 2024, and July 1, 2025. The bill outlines the funding for the administration, operation, and maintenance of the legislative, executive, and judicial branches of various departments, institutions, offices, and agencies of the state. It explicitly addresses the allocation for state aid and obligations, capital outlay, and the service of public debt, along with provisions for emergency and contingency funding. Moreover, it seeks to repeal certain appropriations and any acts that are inconsistent with its provisions.
Moreover, the bill recognizes a revenue loss resulting from duly enacted bills that do not contribute to expenditure increases but forgo revenue that has not been previously collected. This aspect could potentially raise concerns surrounding fiscal management and budgetary implications within the state.
Overall, HB1404 aims to enhance the organizational framework of governmental operations in Tennessee by streamlining funding processes and ensuring financial resources are appropriately allocated over the next two fiscal years. The intent is to maintain and potentially improve the efficiency of state operations while addressing specific memorial designations.