SB2165 - Tennessee: Agriculture, Agriculture, Dept. Of, Taxes

Agriculture - Removes prohibition on funds in the agricultural resources conservation fund being used for administrative purposes; authorizes the commissioner of agriculture to expend the funds as matching dollars to secure additional funding to fulfill the purposes for which the fund was established. - Amends TCA Section 67-4-409. Fiscal Summary for SB2165 / *HB2228Other Fiscal Impact - No impact on the amount of funds directed to the Agricultural Resources Conservation Fund (ARCF) from the realty transfer tax. Utilization of those funds will change. Funds will be allocated for administrative purposes in an amount estimated to exceed $100,000, which will reduce funds available for the purposes of the ARCF, including promotion and implementation of agricultural management practices to conserve natural resources. Funds will also be allocated to technical assistance to grant recipients to replace a reduction in federal technical assistance funds that has occurred. [...]

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