Tennessee SB1394 amends the state's appropriations growth rate calculation by removing outdated references.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