Tennessee 2025-2026 Regular Session

Tennessee Senate Bill SB1172 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	HOUSE BILL 686
3	3	By Camper
4	4
5	5	SENATE BILL 1172
6	6	By Akbari
7	7
8	8
9	9	SB1172
10	10	002681
11	11	- 1 -
12	12
13	13	AN ACT to amend Tennessee Code Annotated, Title 4;
14	14	Title 9 and Title 13, relative to the "African
15	15	American Cultural and Historical Grant Act."
16	16
17	17	BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
18	18	SECTION 1. This act is known and may be cited as the "African American Cultural and
19	19	Historical Grant Act."
20	20	SECTION 2. Tennessee Code Annotated, Title 4, Chapter 11, Part 1, is amended by
21	21	adding the following as a new section:
22	22	(a) There is created within the state general fund a special account to be known
23	23	as the African American cultural and historical grant fund. The purpose of the fund is to
24	24	support capital projects at facilities in this state that highlight the contributions,
25	25	culture, or history of African Americans.
26	26	(b) The Tennessee historical commission shall administer the fund.
27	27	(c) The fund is composed of money appropriated by the general assembly for
28	28	the fund, and gifts, grants, and other donations received by the commission for the fund.
29	29	(d) Subject to the availability of funds, the commission shall allocate and
30	30	disperse grants to entities and facilities to effectuate this section. The commission shall
31	31	establish and publish guidelines for applications, including eligibility, and the award of
32	32	grants. Priority for grants must be given to projects that encourage the design or
33	33	construction of a new facility in which no facility exists or the renovation of an existing
34	34	facility in an area with great cultural significance; enhance the beauty or aesthetic value
35	35	of facilities named for significant African Americans; or restore facilities on the national
36	36	register of historic places. Money in the fund may be used by the commission for
37	37
38	38
39	39	- 2 - 002681
40	40
41	41	program administration, marketing expenses, and program evaluation; however, such
42	42	expenses must not exceed five percent (5%) of the total amount appropriated for the
43	43	program in any fiscal year.
44	44	(e) The state treasurer shall invest moneys in the fund for the benefit of the fund
45	45	in accordance with § 9-4-603. Interest accruing on investments and deposits of the fund
46	46	must be credited to and remain part of the fund. Any unencumbered moneys and any
47	47	unexpended balance of the fund remaining at the end of a fiscal year do not revert to the
48	48	general fund, but must be carried forward until expended in accordance with this section.
49	49	(f) The commission shall submit an annual report to the finance, ways and
50	50	means committees of the senate and the committee of the house of representatives with
51	51	jurisdiction over finance by March 1, 2026, and by March 1 of each subsequent year on
52	52	the status of this program and the allocation of grant funds.
53	53	(g) The commission may promulgate rules necessary to effectuate this section.
54	54	The rules must be promulgated in accordance with the Uniform Administrative
55	55	Procedures Act, compiled in chapter 5 of this title.
56	56	SECTION 3. This act takes effect July 1, 2025, the public welfare requiring it.