Amends TCA Title 4; Title 5; Title 6; Title 7; Title 9 and Title 67.
Tennessee HB2375, known as the "Greenbelt Initiative Fund Transfer (GIFT) Act," establishes the rural revenue equity fund and authorizes the commissioner of economic and community development to allocate funds to rural counties. The bill affects rural counties in Tennessee by providing financial support based on agricultural, demographic, and fiscal criteria, including the amount of greenbelt acreage. Key provisions include the creation of the fund and the criteria for fund distribution to promote equity in rural revenue.
Tennessee HB2375, known as the "Greenbelt Initiative Fund Transfer (GIFT) Act," establishes the rural revenue equity fund and authorizes the commissioner of economic and community development to allocate funds to rural counties. The bill affects rural counties in Tennessee by providing financial support based on agricultural, demographic, and fiscal criteria, including the amount of greenbelt acreage. Key provisions include the creation of the fund and the criteria for fund distribution to promote equity in rural revenue.
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Doggett, Clay
114th General Assembly
February 2, 2026
April 15, 2026
Taken off notice for cal in s/c Finance, Ways and Means Subcommittee of Finance, Ways and Means Committee