Bill Title: As enacted, requires the governor to include an allocation to the reserve for revenue fluctuations equal to an amount sufficient to maintain the reserve at 8 percent, instead of 5 or 10 percent, of estimated state tax revenues allocated to the general fund and the education trust fund, or at 8 percent of the estimated growth in state tax revenues to such funds, whichever amount is lesser. - Amends TCA Title 9.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2013-04-29 - Pub. Ch. 175 [SB0994 Detail]

Text: Latest bill text (Draft #1) [PDF]

---

Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Randy McNally [R]	Primary	Sponsored Bills	SD-005	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jimmy Matlock [R]	Primary	Sponsored Bills	HD-021	FollowTheMoney	Ballotpedia	VoteSmart

Social Comments on TN SB0994