HB0568 - Tennessee - Public Funds And Financing

Companion Bill SB1037. Public Funds and Financing - Prohibits investing public funds in companies doing business with state sponsors of terrorism; creates special committee to determine which companies do business with state sponsors of terrorism. - Amends TCA Title 9. Fiscal Summary for *HB0568 / SB1037Increase State Expenditures - $2,566,000 One-Time $51,800 Recurring Increase Local Govt. Expenditures* - $1,655,000 One-Time $58,800 Recurring Increase Federal Govt. Expenditures - $379,000 One-Time $9,400 Recurring Other Fiscal Impact - Additional increases to state, local, and federal government expenditures if this bill as written is interpreted to include debt securities such as commercial paper. Bill Summary for *HB0568 / SB1037 This bill prohibits the investing of public [...]

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