HB 673 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 3, 2025 Fiscal Analyst: Laura Moore | Email: laura.moore@capitol.tn.gov | Phone: 615-741-2564 HB 673 SUMMARY OF BILL: Requires the Tennessee Higher Education Commission (THEC), in consultation with the Department of Finance and Administration (F&A), to create and submit a report to the members of the General Assembly detailing the state appropriations made to each land-grant institution in this state from 1987 to 2020, on a per pupil basis. Requires the report to be submitted by December 31, 2025. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Pursuant to Tenn. Code Ann. § 49-7-210(d)(2), as part of the annual Fact Book published by THEC each year, it is required that THEC includes the amount of any state appropriations made to each federal land-grant institution of higher education in this state for agriculture education. • It is assumed that THEC and F&A can accomplish the additional reporting requirements within existing resources; therefore, any impact to state or local government is estimated to not be significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director