House Bill 1408 and Senate Bill 1429 propose amendments to various titles within the Tennessee Code Annotated to facilitate the implementation of the annual appropriations act. Specifically, the bill modifies Section 71-5-1305 by replacing the term "monthly" with "monthly or quarterly," allowing for greater flexibility in the timing of certain financial reporting or disbursement processes.

The bill is designed to streamline statutory language and ensure that the state's financial operations can adapt to changing needs. It is set to take effect immediately upon becoming law, emphasizing the urgency of the changes for the public welfare.

Statutes affected:
Introduced: 71-5-1305