Tennessee SB1394 amends the state's appropriations growth rate calculation by removing outdated references.

Tennessee SB1394 revises the state's appropriations growth rate calculation by updating Tennessee Code Annotated, Section 9-4-5203. It removes references to the fiscal year in progress, the latest completed calendar year, and the 1977-1978 fiscal year. The changes streamline the calculation to only include the fiscal year in progress and the latest completed calendar year. This act takes effect immediately upon becoming law.

Tennessee SB1394 amends the state's appropriations growth rate calculation by removing outdated references.

Tennessee SB1394 revises the state's appropriations growth rate calculation by updating Tennessee Code Annotated, Section 9-4-5203. It removes references to the fiscal year in progress, the latest completed calendar year, and the 1977-1978 fiscal year. The changes streamline the calculation to only include the fiscal year in progress and the latest completed calendar year. This act takes effect immediately upon becoming law.