HB0939 - Tennessee: Appropriations, State Government

Appropriations - Prohibits expenditure of funds not appropriated by the general assembly with exception of specifically designated federal funds and cases of emergency declared by the governor. - Amends TCA Title 9, Chapter 4, Part 51. Fiscal Summary for HB0939 / *SB0307Other Fiscal Impact - The fiscal impact of this bill is dependent upon the General Assembly convening for special sessions to make appropriations for certain expansion funds. If such special sessions were held, the increase to state expenditures is estimated to be $100,000 per week. If the General Assembly elected to not convene for such special sessions, some expansion funds would be held in reserve until the General Assembly appropriates such funding in the subsequent session. This impact is dependent upon two unknown and offsetting factors: future rates of inflation and future interest earnings. A portion of state expenditures are price sensitive within a fiscal year (e.g. gasoline and certain [...]

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