Senate Bill 2690, also known as House Bill 2631, outlines the appropriations for the state government of Tennessee for the fiscal years beginning July 1, 2025, and July 1, 2026. The bill allocates significant funding across various departments, including over $78 million for legislative support services, approximately $259 million for judicial operations, and around $668 million for executive functions. Notably, the Department of Education receives a substantial allocation of $7,926,060,000 for educational programs, including the Tennessee Investment in Student Achievement (TISA) and the Education Freedom Scholarship Program. The bill also emphasizes the importance of provisional continuing appropriations to ensure the smooth functioning of state government during these fiscal years.

Additionally, the bill includes provisions for the carry-forward and reappropriation of unexpended appropriations for major maintenance, requiring approval from the Commissioner of Finance and Administration based on revenue availability. It specifies that unexpended balances from various appropriations will not revert to the general fund but will be reappropriated for future use, ensuring that funds are preserved for their intended purposes. The bill also mandates that any new federal grant applications exceeding $100,000 be reported to legislative committees, promoting transparency and oversight in the management of state funds. Overall, the legislation aims to provide a comprehensive financial plan that supports essential services and programs across multiple sectors in Tennessee.