HB2326In Committee

Amends TCA Section 9-4-603.

Tennessee HB2326 amends TCA Section 9-4-603 to mandate that the state treasurer allocate and deposit 10 percent of the investment income earned by the state pooled investment fund into the state highway fund each fiscal year. This bill affects the allocation of investment income generated by the state’s pooled investment fund and provides a new revenue source for the state highway fund. The key provision is the specified percentage of investment income that must be directed to support highway funding.

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Overview

Tennessee HB2326 amends TCA Section 9-4-603 to mandate that the state treasurer allocate and deposit 10 percent of the investment income earned by the state pooled investment fund into the state highway fund each fiscal year. This bill affects the allocation of investment income generated by the state’s pooled investment fund and provides a new revenue source for the state highway fund. The key provision is the specified percentage of investment income that must be directed to support highway funding.

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Sponsor

Williams, Ryan

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

April 15, 2026

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

Subjects
Public Funds and FinancingTreasurer, StateHighways, Roads and Bridges

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