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HB2326

AN ACT to amend Tennessee Code Annotated, Section 9-4-603, relative to earnings of the state pooled investment fund.

Introduced·2/2/26
Draft Text

Tennessee HB2326 mandates the treasurer to allocate 10% of the state pooled investment fund's annual earnings to the state highway fund by June 30.

Tennessee HB2326 amends Tennessee Code Annotated, Section 9-4-603, to require the treasurer to allocate and deposit 10% of the investment income earned by the state pooled investment fund each fiscal year into the state highway fund by June 30. This allocation takes precedence over any other law to the contrary. The act becomes effective upon becoming law.

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  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

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1
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History

Apr 15

House

Taken off notice for cal in s/c Finance, Ways and Means Subcommittee of Finance, Ways and Means Committee

Apr 8

House

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

Mar 18

House

Action Def. in s/c Finance, Ways, and Means Subcommittee to Final Calendar No. 2