TN HB1562

Legislative Description

As enacted, specifies that for purposes of determining compliance with the constitutional provision regarding the rate of growth of appropriations (the Copeland cap) that funds allocated to the reserve for revenue fluctuations will not be included as appropriations from state tax revenues and that funds expended from the reserve for revenue fluctuations to offset shortfalls in state tax revenue will not be included as appropriations from state tax revenues. - Amends TCA Title 9, Chapter 4.

Appropriations

Last Action

Committee Referrals