HB0483 - Tennessee: Budget Procedures, Education

Companion Bill SB0180. Budget Procedures - Requires K-12 education and higher education funding to be passed by the house of representatives and the senate prior to consideration of general appropriations bill for funding remainder of state government. - Amends TCA Title 9. Fiscal Summary for HB0483 / *SB0180Increase State Expenditures - Not Significant Other Fiscal Impact - A shift of funds from other programs to higher education in the amount of $177,100,000 to bring higher education funding to 100 percent of the formula amount. In addition to a reduction in expenditures for other state programs in this amount, the state could lose significant federal funding for other functions of state government due to states reduced ability to match federal funds. Bill Summary for HB0483 / *SB0180 Present law requires that the budget document, presenting [...]

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