Senate Bill 1654, also known as House Bill 1648, aims to enhance funding oversight in Tennessee by amending various sections of the Tennessee Code Annotated. Specifically, it adds a requirement to Section 8-4-110(a) that mandates the summary report be made publicly available through publication on the website of the comptroller of the treasury. This change is intended to improve transparency and accessibility of financial information to the public.
The bill is set to take effect immediately upon becoming law, emphasizing the importance of public welfare in its implementation. By ensuring that summary reports are readily accessible online, the legislation seeks to foster greater accountability in the management of state funds.
Statutes affected: Introduced: 8-4-110(a), 8-4-110