House Bill 2629 and Senate Bill 2691 propose amendments to various titles within the Tennessee Code Annotated to facilitate the implementation of the annual appropriations act. A key change is found in Section 1, where the language in Section 71-5-1305 is modified by deleting the term "monthly" and replacing it with "monthly or quarterly." This adjustment allows for greater flexibility in the timing of certain financial reporting or disbursement processes.

The act is set to take effect immediately upon becoming law, emphasizing the urgency of these statutory revisions to ensure the smooth execution of the appropriations act. Overall, the bill aims to streamline processes and enhance the efficiency of financial management within the state.

Statutes affected:
Introduced: 71-5-1305