House Bill 566 aims to address gun violence in Tennessee by introducing a new section to the Tennessee Code Annotated. This section defines "gun violence" to include homicide, violent crime, and domestic violence. It empowers the Department of Finance and Administration, specifically the Office of Criminal Justice Programs, to utilize existing resources and seek additional funding from federal and state governments to create and implement grants aimed at reducing gun violence in the state.

The bill emphasizes the importance of addressing gun violence through financial support and resource allocation, reflecting a proactive approach to tackling this issue. It is set to take effect immediately upon becoming law, highlighting the urgency of the matter.