Senate Bill 1393 and House Bill 1404 propose appropriations to cover the expenses of the state government for the fiscal years beginning July 1, 2024, and July 1, 2025. The bill outlines funding for the administration, operation, and maintenance of the legislative, executive, and judicial branches, as well as for state aid, capital outlay, public debt service, and emergency contingencies. It also includes provisions for repealing certain appropriations and establishing limitations and restrictions on how appropriations may be obligated and expended.
Additionally, the bill earmarks funds from the Department of Transportation specifically for the purpose of funding memorial designations for highways and bridges in honor of individuals killed in the line of duty, as per Tennessee Code Annotated, Section 54-1-133. It expresses legislative intent to acknowledge revenue losses from bills enacted during the 2025 session that do not increase expenditures but result in uncollected revenue. The act is set to take effect upon becoming law, emphasizing the necessity for public welfare.