SB 214 – HB 434 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 12, 2025 Fiscal Analyst: Justin Billingsley | Email: justin.billingsley@capitol.tn.gov | Phone: 615-741-2564 SB 214 – HB 434 SUMMARY OF BILL: Prohibits a public facility from being named or designated in honor of an individual public official during such official’s term of office or during the two-year period immediately following the official’s departure from office unless private funds are used to cover the costs of naming or designating such facility. Exempts from the two-year waiting period any public official who is deceased or an honorable discharged veteran of the United State Armed Forces. Prohibits a public facility from being named for a public official who has been convicted of a felony or a crime of moral turpitude. Provides that a public facility named: (1) for a person who was not a public official at the time of the naming may continue to bear that name if the person subsequently becomes a public official; and (2) for a public official prior to the effective date of this act may continue to bear the name of that public official. Prohibits a public official from making charitable donations in the name of the official using public funds, and requires such donations to be attributed to the public entity from which the funds originated. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • This legislation defines: o “Public facility” as real property owned by, or the acquisition, construction, maintenance, or operation of which is funded in whole or in part by, this state or a subdivision of this state; o “Public official” as a person elected to local public office or any person appointed or employed by a local government. • It is reasonably assumed that upon passage of the proposed legislation, the state and local governments will name most public facilities after eligible public officials; any impact to state or local operations and expenditures is estimated to be not significant. • This legislation may result in a delay for naming public facilities and may precipitate the use of private funds to cover the costs of such naming or designation. • In the instance that a state or local entity delays the designation of a public facility until the time a specific public official is eligible, there may be a shift of state or local expenditures from one fiscal year to another; however, the net impact to state or local expenditures is considered not significant. SB 214 – HB 434 2 • It is not expected that the proposed legislation will result in a significant increase in the use of private funds to cover the costs of naming or designating public facilities. • Requiring a public official to attribute charitable donations to the public entity from which the funds originated will have no significant impact on total local expenditures for those donations. • Any fiscal impact to state or local government is not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director