SB2569In Committee

Amends TCA Section 9-4-603.

Tennessee SB2569 mandates that the state treasurer allocate and deposit 10 percent of the investment income generated by the state pooled investment fund into the state highway fund each fiscal year. This bill affects the distribution of investment income within state financial management, specifically directing a portion of these funds to support highway infrastructure. The key provision is the establishment of a fixed percentage allocation to the highway fund from the investment income.

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Overview

Tennessee SB2569 mandates that the state treasurer allocate and deposit 10 percent of the investment income generated by the state pooled investment fund into the state highway fund each fiscal year. This bill affects the distribution of investment income within state financial management, specifically directing a portion of these funds to support highway infrastructure. The key provision is the establishment of a fixed percentage allocation to the highway fund from the investment income.

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Sponsor

Haile, Ferrell

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

April 20, 2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Subjects
Public Funds and FinancingTreasurer, StateHighways, Roads and Bridges

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SB2569: Amends TCA Section 9-4-603. | LegisGo