Senate Bill 1431, also known as House Bill 1409, outlines the appropriations for the state government for the fiscal years beginning July 1, 2024, and July 1, 2025. The bill details funding allocations across various branches of government, including significant amounts for the legislative, executive, and judicial branches, as well as for essential services such as education, public safety, and health. Notable allocations include approximately $7.81 billion for the Department of Education, $599 million for executive functions, and substantial funding for the Department of Mental Health and Substance Abuse Services. The bill also emphasizes the importance of transparency and accountability in the allocation and use of state funds, with provisions for the carry-forward of unexpended appropriations and adjustments based on actual revenue receipts.
Additionally, the bill includes various provisions for managing state funds, such as allowing the Commissioner of Finance and Administration to adjust appropriations based on revenue availability and ensuring that unexpended funds do not revert to the general fund but are reappropriated for future use. It also specifies funding for community initiatives, disaster relief, and infrastructure improvements, while making significant cuts to certain programs and grants. Overall, the bill represents a comprehensive financial plan aimed at supporting essential services and programs across Tennessee, while also addressing fiscal responsibility and the effective management of public resources.