Senate Bill 1429, also known as House Bill 1408, proposes amendments to various titles within the Tennessee Code Annotated to facilitate the implementation of the annual appropriations act. A key change in the bill is the modification of Tennessee Code Annotated, Section 71-5-1305, where the term "monthly" is deleted and replaced with "monthly or quarterly." This adjustment allows for greater flexibility in the timing of certain financial reporting or disbursement processes.

The bill is designed to streamline statutory revisions necessary for the effective execution of the state's budgetary provisions. It is set to take effect immediately upon becoming law, emphasizing the urgency of these changes for the public welfare.

Statutes affected:
Introduced: 71-5-1305