Topic: Tennessee Rainy Day Fund
Nashville, TN – Today, Wednesday, March 18th, 2020, Tennessee Governor Bill Lee provided an update on Tennessee’s efforts around COVID-19 (Coronavirus) relief.
Governor Lee’s daily press conferences can be viewed live each day this week through Thursday at 3:00pm CT here. Governor Lee has also established a website specific to COVID-19 updates which can be found here.
Tennessee General Assembly Reconvenes on January 14th, 2020
Nashville, TN – The Second Regular Session of the 111th Tennessee General Assembly officially convened this week in Nashville as Republican leaders continued to focus on building upon their recent achievements.
Speaker Cameron Sexton gaveled members into session and also welcomed everyone back before sharing brief remarks with the body about the upcoming session:
The bill filing deadline for this year is set for Wednesday, February 5th. This means all proposals, except bills of local application, must be filed by that deadline in order to be heard for consideration during the 2020 legislative session.
Tennessee State Government
Nashville, TN – Monday night, Tennessee Governor Bill Lee delivered his first State of the State address and presented budget priorities to a joint session of the General Assembly in the House Chamber.
Governor Lee proposed a strong, conservative budget with a record-breaking deposit to the Rainy Day Fund that will lift the state savings account to a historic high $1.1 billion.
Written by Curtis Johnson
Nashville, TN – The Tennessee House passed several key bills this week, including the state budget and major legislation to curb opioid abuse, as the 2018 session of the Tennessee General Assembly draws to a close. The $37.5 billion “no growth” budget proposes state government spending for the next fiscal year that begins July 1st, 2018 and extends to June 30, 2019.
The balanced budget addresses opioid abuse, school safety, teacher funding, rural economic development and job growth, while allocating additional funds for the care of Tennessee’s most vulnerable citizens. The bill focuses on the four “e’s” of Tennessee: employment, education, economic opportunity and enforcement of the law.
Written by Curtis Johnson
Nashville, TN – The first session of the 110th Tennessee General Assembly adjourned on May 10th, 2017, after passing major legislation that will benefit Tennesseans for generations to come. This is Part 11 of a 12 Part report.
This includes a measure making Tennessee the first state in the nation to offer all adults without a degree tuition-free access to community college; a new law rebuilding a safe and reliable transportation network, while reallocating revenues to maximize taxpayers’ return on that investment; and a bill which provides a responsible path to improve access to broadband through investment, deregulation, and education.
Action in the General Assembly also included passage of a balanced budget which takes on no new debt, as well as legislation protecting the elderly, enhancing the state’s robust job growth, cracking down on crime, and boosting efforts as the fastest improving state in the nation in K-12 student achievement. Following is a report on key legislation passed this year.
Tennessee State Representative Curtis Johnson
Nashville, TN – Tennessee Governor Bill Haslam delivered his annual State of the State Address to a joint convention of the legislature this week, unveiling his budget for the 2016-2017 fiscal year. Haslam addressed multiple issues during the State of the State, the most prominent of which include job recruitment and workforce development, a continued push to make government more efficient and effective, and major investments in both K-12 and higher education.
Among the key points in the Governor’s speech was a focus on a balanced budget, low taxes, fiscal responsibility, and the proposal of 261 million in new dollars for Tennessee public education, including $104.6 million for teacher salaries — the largest investment in K-12 education without a tax increase in state history.
Budget proposal makes the largest K-12 investment without a tax increase in state history
Nashville, TN – Tennessee Governor Bill Haslam tonight delivered his 2016 State of the State and Budget Address before a joint session of the 109th General Assembly, unveiling a balanced $34.8 billion proposal that makes the largest investment in K-12 education without a tax increase in Tennessee’s history.
The governor’s Fiscal Year 2016-2017 budget proposes 261 million in new dollars for Tennessee public education, including $104.6 million for teacher salaries.
109th General Assembly’s First Half Concludes with Major Conservative Accomplishments
Nashville, TN – With the final debate over, the 109th General Assembly has concluded its work for the first regular session. The closing comes with a number of legislative victories Republicans can be proud of.
“We’ve just witnessed a session of success,” stated Tennessee Republican Party Chairman Ryan Haynes. “Whether it is the conservative fiscal stewardship of our state, educational reforms that keep us on the path of achievement, or a number of bills to enhance the freedom Tennesseans expect—our state is moving ahead. Governor Haslam continues to show why he’s garnered the reputation of a dynamic reformer-in-chief and together, with Lieutenant Governor Ramsey and Speaker Harwell, the leadership of our state has never been stronger.” «Read the rest of this article»
Budget cuts taxes, fully funds education, moves an additional $73.5 million to Rainy Day Fund
Nashville, TN – In the final few days of this year’s legislative session, the House of Representatives passed Tennessee’s annual budget with an 80 – 12 vote. The bill’s passage was the culmination of months of tireless work crafting a fiscally responsible and balanced budget.
The $33.3 billion budget cuts taxes, puts $73.5 million in the state’s Rainy Day Fund, improves our educational system, and provides an even better environment for businesses to grow and for jobs to flourish.
Nashville, TN – With looming sequester cuts threatening everything from Head Start programs to our military personnel, leaders in Tennessee urged Governor Bill Haslam to use the proposed increase to the state’s rainy day fund to weather the storm.
Tennessee has $356 million in its rainy day fund, with another $100 million to be added in this year’s budget. Using that $100 million to fund vital services instead would save Tennesseans from the pain of Washington’s inaction. «Read the rest of this article»
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