House Bill 1409, also known as Senate Bill 1431, outlines the appropriations for the state government of Tennessee for the fiscal years beginning July 1, 2024, and July 1, 2025. The bill details funding allocations across various branches of government, including the legislative, executive, and judicial branches, as well as significant appropriations for state departments such as the Department of Education, which receives over $7.8 billion, and the Department of Health, which is allocated approximately $368 million. The bill emphasizes the importance of effective financial management, allowing for adjustments in appropriations based on realized receipts and ensuring that unexpended funds do not revert to the general fund but are carried forward for future use.

Additionally, the bill includes provisions for various programs and initiatives, such as the Tennessee Investment in Student Achievement (TISA) funding formula, which aims to provide equitable funding based on student needs. It also addresses the management of funds for the TennCare program, allowing the Commissioner of Finance and Administration to adjust appropriations as necessary. The bill emphasizes accountability and transparency in the use of state funds, requiring audits and compliance with federal laws, while also establishing guidelines for the management of appropriated funds to ensure they are utilized effectively for community development, education, health services, and public safety initiatives.