Tenn. Code Ann. § 9-13-211 — TN Code / Title 9 / Chapter 13 / Section 9-13-211
Penalty for nonperformance
Status: in_force

Any official or employee of the local government, or of any institution or agency thereof, who fails or refuses to perform the duties required of such official or employee by this part, or who fails or refuses otherwise to conform to this part, commits a Class C misdemeanor and is subject to fine and to removal from office or position in accordance with title 8, chapter 47. Acts 1984, ch. 996, § 12; 1989, ch. 591, § 113; 1995, ch. 63, § 1.
Any official or employee of the local government, or of any institution or agency thereof, who fails or refuses to perform the duties required of such official or employee by this part, or who fails or refuses otherwise to conform to this part, commits a Class C misdemeanor and is subject to fine and to removal from office or position in accordance with title 8, chapter 47.
Acts 1984, ch. 996, § 12; 1989, ch. 591, § 113; 1995, ch. 63, § 1.
Tenn. Code Ann. § 9-1-110 — TN Code / Title 9 / Chapter 1 / Section 9-1-110
Issuance of credit by commissioner of revenue for taxes, licenses or fees of amounts received by check or money order
Status: in_force

In the event any such check or money order is not duly paid, after acceptance by any municipal, county or state officer as payment of any taxes, licenses or fees in good faith and with reason to believe the same would be duly paid, the commissioner may give credit in such manner as such commissioner may prescribe to the officer for such amount included in the check or money order tendered as payment of taxes, licenses or fees due to the state. Acts 1969, ch. 303, § 3; T.C.A., § 9-110.
In the event any such check or money order is not duly paid, after acceptance by any municipal, county or state officer as payment of any taxes, licenses or fees in good faith and with reason to believe the same would be duly paid, the commissioner may give credit in such manner as such commissioner may prescribe to the officer for such amount included in the check or money order tendered as payment of taxes, licenses or fees due to the state.
Acts 1969, ch. 303, § 3; T.C.A., § 9-110.
Tenn. Code Ann. § 9-21-1003 — TN Code / Title 9 / Chapter 21 / Section 9-21-1003
Plan of refunding to be submitted to the comptroller of the treasury or the comptroller's designee
Status: in_force

(a) Prior to the adoption by the governing body of the resolution authorizing the issuance of revenue refunding bonds, a plan of refunding shall be submitted for review to the comptroller of the treasury or the comptroller's designee, who shall immediately acknowledge receipt in writing of the proposed plan of refunding. If the sole purpose of the plan of refunding is to provide cost savings to the public, a computation of projected cost savings shall also be submitted to the comptroller of the treasury or the comptroller's designee as a part of the plan of refunding. The comptroller of the treasury or the comptroller's designee may report thereon to the governing body within fifteen (15) days after receipt of the plan. After receiving a report of the comptroller of the treasury or the comptroller's designee on the plan of refunding or after the expiration of fifteen (15) days from the date the plan of refunding is received by the comptroller of the treasury or the comptroller's designee, whichever date is earlier, the governing body may take such action with reference to the proposed plan of refunding as it deems advisable. (b) If the sole purpose of the plan of refunding is to provide cost savings to the public and if the state funding board has established guidelines with respect to such cost savings, the comptroller of the treasury or the comptroller's designee shall determine whether the plan of refunding substantially complies with the guidelines, and shall so state in the report on the plan of refunding. After receiving a report of the comptroller of the treasury or the comptroller's designee stating that the plan of refunding complies substantially with such guidelines or after the expiration of fifteen (15) days from the date the plan of refunding is received by the comptroller of the treasury or the comptroller's designee, whichever date is earlier, the governing body may take such action with reference to the proposed plan of refunding as it deems advisable. (c) If a report of the comptroller of the treasury or the comptroller's designee states that the plan of refunding does not substantially comply with the guidelines, if any, a notice in substantially the following form shall be published prior to the sale of such bonds once in a newspaper having general circulation in the local government: NOTICE The following report has been received from the comptroller of the treasury or the comptroller's designee: (full text of report) Unless within ten (10) days from the date of publication hereof, a petition signed by at least ten percent (10%) of the registered voters shall have been filed with the (official charged with maintaining the records of the issuer) protesting the issuance of the revenue refunding bonds, such revenue refunding bonds may be issued as the governing body deems advisable. Acts 1986, ch. 770, § 10-3; 2010, ch. 868, § 69.
(a) Prior to the adoption by the governing body of the resolution authorizing the issuance of revenue refunding bonds, a plan of refunding shall be submitted for review to the comptroller of the treasury or the comptroller's designee, who shall immediately acknowledge receipt in writing of the proposed plan of refunding. If the sole purpose of the plan of refunding is to provide cost savings to the public, a computation of projected cost savings shall also be submitted to the comptroller of the treasury or the comptroller's designee as a part of the plan of refunding. The comptroller of the treasury or the comptroller's designee may report thereon to the governing body within fifteen (15) days after receipt of the plan. After receiving a report of the comptroller of the treasury or the comptroller's designee on the plan of refunding or after the expiration of fifteen (15) days from the date the plan of refunding is received by the comptroller of the treasury or the comptroller's designee, whichever date is earlier, the governing body may take such action with reference to the proposed plan of refunding as it deems advisable.
(b) If the sole purpose of the plan of refunding is to provide cost savings to the public and if the state funding board has established guidelines with respect to such cost savings, the comptroller of the treasury or the comptroller's designee shall determine whether the plan of refunding substantially complies with the guidelines, and shall so state in the report on the plan of refunding. After receiving a report of the comptroller of the treasury or the comptroller's designee stating that the plan of refunding complies substantially with such guidelines or after the expiration of fifteen (15) days from the date the plan of refunding is received by the comptroller of the treasury or the comptroller's designee, whichever date is earlier, the governing body may take such action with reference to the proposed plan of refunding as it deems advisable.
(c) If a report of the comptroller of the treasury or the comptroller's designee states that the plan of refunding does not substantially comply with the guidelines, if any, a notice in substantially the following form shall be published prior to the sale of such bonds once in a newspaper having general circulation in the local government: NOTICE The following report has been received from the comptroller of the treasury or the comptroller's designee: (full text of report) Unless within ten (10) days from the date of publication hereof, a petition signed by at least ten percent (10%) of the registered voters shall have been filed with the (official charged with maintaining the records of the issuer) protesting the issuance of the revenue refunding bonds, such revenue refunding bonds may be issued as the governing body deems advisable.
NOTICE
The following report has been received from the comptroller of the treasury or the comptroller's designee:
(full text of report)
Unless within ten (10) days from the date of publication hereof, a petition signed by at least ten percent (10%) of the registered voters shall have been filed with the (official charged with maintaining the records of the issuer) protesting the issuance of the revenue refunding bonds, such revenue refunding bonds may be issued as the governing body deems advisable.
Acts 1986, ch. 770, § 10-3; 2010, ch. 868, § 69.
Tenn. Code Ann. § 9-18-104 — TN Code / Title 9 / Chapter 18 / Section 9-18-104
Report by head of executive agency
Status: in_force

(a) By December 31, 2008, initially, and then by December 31 of every year thereafter, the head of each state agency and higher education institution shall, on the basis of the evaluations conducted in accordance with guidelines prescribed under § 9-18-103 , prepare and transmit to the commissioner of finance and administration and the comptroller of the treasury a report that states that: (1) The agency or institution acknowledges its management's responsibility for establishing, implementing and maintaining an adequate system of internal control; and (2) A management assessment of risk performed by the agency or institution provides or does not provide reasonable assurance of compliance with the objectives of the assessment as specified in this chapter. (b) In the event that the agency's or institution's assessment does not provide reasonable assurance of compliance with the objectives of the assessment as stated in this chapter, the report shall include a corrective action plan that identifies: (1) Any significant deficiencies or material weaknesses in the agency's or institution's system of internal control and/or lack of risk mitigating control activity; and (2) The plans and the schedule for correcting the weaknesses. Acts 1983, ch. 129, § 1; 1998, ch. 664, §§4 - 6; 2008 , ch. 750, §3; 2009 , ch. 99, § 1.
(a) By December 31, 2008, initially, and then by December 31 of every year thereafter, the head of each state agency and higher education institution shall, on the basis of the evaluations conducted in accordance with guidelines prescribed under § 9-18-103 , prepare and transmit to the commissioner of finance and administration and the comptroller of the treasury a report that states that: (1) The agency or institution acknowledges its management's responsibility for establishing, implementing and maintaining an adequate system of internal control; and (2) A management assessment of risk performed by the agency or institution provides or does not provide reasonable assurance of compliance with the objectives of the assessment as specified in this chapter.
(1) The agency or institution acknowledges its management's responsibility for establishing, implementing and maintaining an adequate system of internal control; and
(2) A management assessment of risk performed by the agency or institution provides or does not provide reasonable assurance of compliance with the objectives of the assessment as specified in this chapter.
(b) In the event that the agency's or institution's assessment does not provide reasonable assurance of compliance with the objectives of the assessment as stated in this chapter, the report shall include a corrective action plan that identifies: (1) Any significant deficiencies or material weaknesses in the agency's or institution's system of internal control and/or lack of risk mitigating control activity; and (2) The plans and the schedule for correcting the weaknesses.
(1) Any significant deficiencies or material weaknesses in the agency's or institution's system of internal control and/or lack of risk mitigating control activity; and
(2) The plans and the schedule for correcting the weaknesses.
Acts 1983, ch. 129, § 1; 1998, ch. 664, §§4 - 6; 2008 , ch. 750, §3; 2009 , ch. 99, § 1.
Tenn. Code Ann. § 9-11-115 — TN Code / Title 9 / Chapter 11 / Section 9-11-115
Tax levy for cash basis
Status: in_force

Immediately after the passage of the appropriation ordinance or resolution, the governing body shall pass an ordinance or resolution levying upon all property subject to taxation within the unit and basing such levy upon the current tax collection experience of the preceding fiscal year, such rate of tax as may be required to produce the sum necessary to balance the budget upon a cash basis. The sum necessary to balance the budget shall be ascertained by deducting from the total cash appropriations made under § 9-11-113(1), (2) and (3) , such cash receipts applicable to such cash appropriations as may be estimated under the limitations of § 9-11-113(4)(A)-(D) . In order that the current tax levy so made shall be truly based upon the current tax collection experience of the preceding year, such current tax levy shall be determined by dividing the sum necessary to be raised in order to balance the budget by a percentage which does not exceed the percentage obtained by dividing the amount of current taxes collected in cash in the preceding fiscal year by the amount of the taxes levied and payable in such preceding fiscal year. Acts 1937, ch. 300, § 16; C. Supp. 1950, § 3516.25 (Williams, § 3516.26); T.C.A. (orig. ed.), § 9-1115.
Immediately after the passage of the appropriation ordinance or resolution, the governing body shall pass an ordinance or resolution levying upon all property subject to taxation within the unit and basing such levy upon the current tax collection experience of the preceding fiscal year, such rate of tax as may be required to produce the sum necessary to balance the budget upon a cash basis. The sum necessary to balance the budget shall be ascertained by deducting from the total cash appropriations made under § 9-11-113(1), (2) and (3) , such cash receipts applicable to such cash appropriations as may be estimated under the limitations of § 9-11-113(4)(A)-(D) . In order that the current tax levy so made shall be truly based upon the current tax collection experience of the preceding year, such current tax levy shall be determined by dividing the sum necessary to be raised in order to balance the budget by a percentage which does not exceed the percentage obtained by dividing the amount of current taxes collected in cash in the preceding fiscal year by the amount of the taxes levied and payable in such preceding fiscal year.
Acts 1937, ch. 300, § 16; C. Supp. 1950, § 3516.25 (Williams, § 3516.26); T.C.A. (orig. ed.), § 9-1115.
Tenn. Code Ann. § 9-4-210 — TN Code / Title 9 / Chapter 4 / Section 9-4-210
Increase or decrease in periods of imprisonments - Appropriations for operating costs
Status: in_force

(a) (1) For any law enacted after January 1, 2023, that results in a net increase in periods of imprisonment in state facilities, there must be appropriated from recurring revenues the estimated operating costs of the law. (2) Appropriations made under subdivision (a)(1) must be used only for operating costs for the department of correction. (3) Any law enacted without the funding required by subdivision (a)(1) is null and void unless such funding is appropriated in the general appropriations act. (b) For any law enacted after January 1, 2023, that results in a net decrease in periods of imprisonment in state facilities, the appropriations in subsection (a) must be decreased by the estimated amounts annually that account for the estimated decrease in operating costs of the law. The annual decrease in appropriations required pursuant to this subsection (b) must be made in the general appropriations act as a line item reduction for the next three (3) years commencing after the effective date of the law and in an amount equal to the annual estimated decrease in operating costs reflected in the fiscal note prepared pursuant to subsection (c). (c) The amount of appropriations made under this section must be equal to the amounts reflected in fiscal notes prepared by the staff of the fiscal review committee. Cost increases must be estimated based on the operating costs, in current dollars, of the highest of the next three (3) fiscal years commencing after July 1, 2022. Cost decreases must be estimated based on actual estimated operating costs to be reduced. (d) Should the fiscal note include both increases and decreases, the costs must be netted out on an annual basis for the next three (3) fiscal years commencing after July 1, 2022. Netted out cost increases must be based on the operating costs of the highest of the next three (3) fiscal years on a recurring basis. Netted out cost decreases must be based on actual estimated decreases for each of the next three (3) fiscal years. (e) For purposes of this section: (1) "Operating costs" means all variable costs of housing inmates in state facilities, or local facilities pursuant to title 41, chapter 8, other than capital outlay or capital maintenance costs and does not include any set costs for housing inmates in state or local facilities; and (2) "Periods of imprisonment in state facilities" includes inmates housed by the state in local facilities pursuant to title 41, chapter 8. Amended by 2021 Tenn. Acts, ch. 412, s 1, eff. 5/12/2021. Acts 1985 (1st Ex. Sess.), ch. 1, §§ 1-6; T.C.A. § 9-6-119.
(a) (1) For any law enacted after January 1, 2023, that results in a net increase in periods of imprisonment in state facilities, there must be appropriated from recurring revenues the estimated operating costs of the law. (2) Appropriations made under subdivision (a)(1) must be used only for operating costs for the department of correction. (3) Any law enacted without the funding required by subdivision (a)(1) is null and void unless such funding is appropriated in the general appropriations act.
(1) For any law enacted after January 1, 2023, that results in a net increase in periods of imprisonment in state facilities, there must be appropriated from recurring revenues the estimated operating costs of the law.
(2) Appropriations made under subdivision (a)(1) must be used only for operating costs for the department of correction.
(3) Any law enacted without the funding required by subdivision (a)(1) is null and void unless such funding is appropriated in the general appropriations act.
(b) For any law enacted after January 1, 2023, that results in a net decrease in periods of imprisonment in state facilities, the appropriations in subsection (a) must be decreased by the estimated amounts annually that account for the estimated decrease in operating costs of the law. The annual decrease in appropriations required pursuant to this subsection (b) must be made in the general appropriations act as a line item reduction for the next three (3) years commencing after the effective date of the law and in an amount equal to the annual estimated decrease in operating costs reflected in the fiscal note prepared pursuant to subsection (c).
(c) The amount of appropriations made under this section must be equal to the amounts reflected in fiscal notes prepared by the staff of the fiscal review committee. Cost increases must be estimated based on the operating costs, in current dollars, of the highest of the next three (3) fiscal years commencing after July 1, 2022. Cost decreases must be estimated based on actual estimated operating costs to be reduced.
(d) Should the fiscal note include both increases and decreases, the costs must be netted out on an annual basis for the next three (3) fiscal years commencing after July 1, 2022. Netted out cost increases must be based on the operating costs of the highest of the next three (3) fiscal years on a recurring basis. Netted out cost decreases must be based on actual estimated decreases for each of the next three (3) fiscal years.
(e) For purposes of this section: (1) "Operating costs" means all variable costs of housing inmates in state facilities, or local facilities pursuant to title 41, chapter 8, other than capital outlay or capital maintenance costs and does not include any set costs for housing inmates in state or local facilities; and (2) "Periods of imprisonment in state facilities" includes inmates housed by the state in local facilities pursuant to title 41, chapter 8.
(1) "Operating costs" means all variable costs of housing inmates in state facilities, or local facilities pursuant to title 41, chapter 8, other than capital outlay or capital maintenance costs and does not include any set costs for housing inmates in state or local facilities; and
(2) "Periods of imprisonment in state facilities" includes inmates housed by the state in local facilities pursuant to title 41, chapter 8.
Amended by 2021 Tenn. Acts, ch. 412, s 1, eff. 5/12/2021.
Acts 1985 (1st Ex. Sess.), ch. 1, §§ 1-6; T.C.A. § 9-6-119.
Tenn. Code Ann. § 9-4-5103 — TN Code / Title 9 / Chapter 4 / Section 9-4-5103
Estimates by departments - Classification of expenditures
Status: in_force

(a) On or before December 1 of each year, all departments, offices, and agencies of the state government shall prepare on blanks furnished to them by the commissioner of finance and administration, and submit to such officer, estimates of their expenditure requirements for the next fiscal year compared with the corresponding figures of the last completed fiscal year and estimated figures for the current fiscal year. The expenditure estimates shall be classified to set forth the data by funds, organization units, character and objects of expenditure; the organization units may be subclassified by function and activities, or in any other manner at the discretion of the commissioner. (b) Any state agency subject to part 56 of this chapter shall include with its budget request the performance measures and standards required by § 9-4-5606 . Amended by 2013 Tenn. Acts, ch. 243,s 5, eff. 4/19/2013. Acts 1937, ch. 33, § 19; C. Supp. 1950, § 255.19; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; Acts 1969, ch. 12, §§ 2, 3; T.C.A. (orig. ed.), § 9-602; T.C.A. § 9-6-103; Acts 2002, ch. 875, § 3.
(a) On or before December 1 of each year, all departments, offices, and agencies of the state government shall prepare on blanks furnished to them by the commissioner of finance and administration, and submit to such officer, estimates of their expenditure requirements for the next fiscal year compared with the corresponding figures of the last completed fiscal year and estimated figures for the current fiscal year. The expenditure estimates shall be classified to set forth the data by funds, organization units, character and objects of expenditure; the organization units may be subclassified by function and activities, or in any other manner at the discretion of the commissioner.
(b) Any state agency subject to part 56 of this chapter shall include with its budget request the performance measures and standards required by § 9-4-5606 .
Amended by 2013 Tenn. Acts, ch. 243,s 5, eff. 4/19/2013.
Acts 1937, ch. 33, § 19; C. Supp. 1950, § 255.19; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; Acts 1969, ch. 12, §§ 2, 3; T.C.A. (orig. ed.), § 9-602; T.C.A. § 9-6-103; Acts 2002, ch. 875, § 3.
Tenn. Code Ann. § 9-2-113 — TN Code / Title 9 / Chapter 2 / Section 9-2-113
Payment by judge
Status: in_force

The judges shall, within ten (10) days after the time required for making such report, pay into the hands of the county trustee the amount of county revenue by them last reported, and into the hands of the county clerk the amount of state revenue by them last reported, and to the treasurer or other proper financial officer of the municipality the amount of municipal revenue in their hands. Acts 1875, ch. 46, § 5; Shan., § 1014; Code 1932, §1742; impl. am. Acts 1979, ch. 68, §§ 2, 3; T.C.A. (orig. ed.), § 9-213.
The judges shall, within ten (10) days after the time required for making such report, pay into the hands of the county trustee the amount of county revenue by them last reported, and into the hands of the county clerk the amount of state revenue by them last reported, and to the treasurer or other proper financial officer of the municipality the amount of municipal revenue in their hands.
Acts 1875, ch. 46, § 5; Shan., § 1014; Code 1932, §1742; impl. am. Acts 1979, ch. 68, §§ 2, 3; T.C.A. (orig. ed.), § 9-213.
Tenn. Code Ann. § 9-14-106 — TN Code / Title 9 / Chapter 14 / Section 9-14-106
Funds
Status: in_force

Cities and counties are specifically authorized to appropriate funds from local sources, from general funds available, and from any other source authorized by state law, to operate the department and otherwise manage an economic adjustment project as described in this chapter, including the provision of funds needed to match available state and federal funds for such purposes. Commercial loans made to individuals, private firms and corporations shall in no way extend the credit of cities and counties in behalf thereof; however, such loans can be made in behalf of the federal government and with use of federal funds granted for such purposes. Acts 1975, ch. 312, § 6; T.C.A., § 9-1506.
Cities and counties are specifically authorized to appropriate funds from local sources, from general funds available, and from any other source authorized by state law, to operate the department and otherwise manage an economic adjustment project as described in this chapter, including the provision of funds needed to match available state and federal funds for such purposes. Commercial loans made to individuals, private firms and corporations shall in no way extend the credit of cities and counties in behalf thereof; however, such loans can be made in behalf of the federal government and with use of federal funds granted for such purposes.
Acts 1975, ch. 312, § 6; T.C.A., § 9-1506.
Tenn. Code Ann. § 9-21-503 — TN Code / Title 9 / Chapter 21 / Section 9-21-503
Method of sale of bond anticipation notes
Status: in_force

Bond anticipation notes may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct. Acts 1986, ch. 770, § 5-3.
Bond anticipation notes may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct.
Acts 1986, ch. 770, § 5-3.
Tenn. Code Ann. § 9-2-128 — TN Code / Title 9 / Chapter 2 / Section 9-2-128
Prosecution for failure to pay receipts into treasury
Status: in_force

(a) Any of the aforementioned departments, institutions, offices, agencies, officers or employees who fail to pay immediately into the state treasury any money belonging to the state as directed in § 9-2-127 are subject to punishment for theft. (b) The venue of any such prosecution is the county in which such departments, institutions, offices, agencies, officers or employees serve in their official capacity. Acts 1943, ch. 142, § 1; C. Supp. 1950, § 255.28; T.C.A. (orig. ed.), § 9-228; Acts 1989, ch. 591, § 21.
(a) Any of the aforementioned departments, institutions, offices, agencies, officers or employees who fail to pay immediately into the state treasury any money belonging to the state as directed in § 9-2-127 are subject to punishment for theft.
(b) The venue of any such prosecution is the county in which such departments, institutions, offices, agencies, officers or employees serve in their official capacity.
Acts 1943, ch. 142, § 1; C. Supp. 1950, § 255.28; T.C.A. (orig. ed.), § 9-228; Acts 1989, ch. 591, § 21.
Tenn. Code Ann. § 9-21-1011 — TN Code / Title 9 / Chapter 21 / Section 9-21-1011
Notice of redemption
Status: in_force

If any of the obligations to be refunded are to be called for redemption, the governing body shall cause the notice of redemption to be given in the manner and at the time required by the resolution or ordinance authorizing the outstanding obligations. Acts 1986, ch. 770, § 10-11.
If any of the obligations to be refunded are to be called for redemption, the governing body shall cause the notice of redemption to be given in the manner and at the time required by the resolution or ordinance authorizing the outstanding obligations.
Acts 1986, ch. 770, § 10-11.
Tenn. Code Ann. § 9-9-102 — TN Code / Title 9 / Chapter 9 / Section 9-9-102
Maintenance of records on the condition of all debt obligations and payments
Status: in_force

The commissioner of finance and administration shall maintain, or cause to be maintained, records on the condition of all debt obligations described in § 9-9-105(a) and of the payment of the principal of and premium, if any, and interest on such obligations. Amended by 2013 Tenn. Acts, ch. 176,s 3, eff. 7/1/2013. Acts 1899, ch. 8, § 1; Shan., § 1068a; 2; Code 1932, § 1802; mod. C. Supp. 1950, § 1802; modified; T.C.A. (orig. ed.), § 9-903; Acts 1985, ch. 118, § 64; 2000, ch. 598, § 1.
The commissioner of finance and administration shall maintain, or cause to be maintained, records on the condition of all debt obligations described in § 9-9-105(a) and of the payment of the principal of and premium, if any, and interest on such obligations.
Amended by 2013 Tenn. Acts, ch. 176,s 3, eff. 7/1/2013.
Acts 1899, ch. 8, § 1; Shan., § 1068a; 2; Code 1932, § 1802; mod. C. Supp. 1950, § 1802; modified; T.C.A. (orig. ed.), § 9-903; Acts 1985, ch. 118, § 64; 2000, ch. 598, § 1.
Tenn. Code Ann. § 9-20-101 — TN Code / Title 9 / Chapter 20 / Section 9-20-101
Short title
Status: in_force

This chapter shall be known as the "Tennessee Allocation Plan for Private Activity Bonds." Acts 1985, ch. 237, § 1; 1987, ch. 57, § 1.
This chapter shall be known as the "Tennessee Allocation Plan for Private Activity Bonds."
Acts 1985, ch. 237, § 1; 1987, ch. 57, § 1.
Tenn. Code Ann. § 9-1-117 — TN Code / Title 9 / Chapter 1 / Section 9-1-117
Receipt or collection of personal checks by state, municipal or county officials
Status: in_force

An official or employee within state, county, or municipal government or any agency thereof, who is required or authorized to receive or collect personal checks or similar sight orders on behalf of such government, agency or office, shall not require or encourage the drawer of any such check or order to give or include as payee any personal name as opposed to the name of the state, county, or municipal government or the agency or office or the official's name and title. Such official or employee shall not require or encourage any such drawer to give or include as payee the name of any official, employee, or other person in such person's personal capacity. This section shall not be construed or implemented to prohibit use of notification forms which were printed prior to May 8, 1996. Acts 1996, ch. 909, § 1.
An official or employee within state, county, or municipal government or any agency thereof, who is required or authorized to receive or collect personal checks or similar sight orders on behalf of such government, agency or office, shall not require or encourage the drawer of any such check or order to give or include as payee any personal name as opposed to the name of the state, county, or municipal government or the agency or office or the official's name and title. Such official or employee shall not require or encourage any such drawer to give or include as payee the name of any official, employee, or other person in such person's personal capacity. This section shall not be construed or implemented to prohibit use of notification forms which were printed prior to May 8, 1996.
Acts 1996, ch. 909, § 1.
Tenn. Code Ann. § 9-4-213 — TN Code / Title 9 / Chapter 4 / Section 9-4-213
State appropriations to child advocacy centers
Status: in_force

(a) Except as otherwise provided in subsection (b), on and after July 1, 1998, no state funds appropriated specifically for child advocacy centers shall be allocated or paid to any such center unless the center clearly demonstrates that it: (1) Is a nonprofit corporation which has received a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) ; (2) Employs an executive director who is answerable to the board of directors and who is not the salaried employee of any governmental entity signing the memorandum of understanding and working protocol identified in subdivision (a)(3); (3) Has a signed memorandum of understanding and working protocol executed among: (A) The department of children's services; (B) All county and municipal law enforcement agencies within the geographical area served by the center; (C) All district attorneys general offices within the geographical area served by the center; and (D) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the geographical area served by the center; (4) Facilitates the use of a multidisciplinary team (representing prosecution, law enforcement, mental health, medical, child protective and social services professionals and the juvenile court) which jointly: (A) Assess victims of child abuse and their families; and (B) Determine the need for services; (5) Provides a facility that is child-focused, neutral, comfortable, private, and safe, where the multidisciplinary team can meet to coordinate the efficient and appropriate disposition of child abuse cases through the civil and criminal justice systems; (6) Provides for the provision of needed services, referral to such services, and case tracking; (7) Has written policies and procedures consistent with the standards established by the National Children's Alliance; and (8) Agrees to accurately collect and report key outcome data and information relative to each center's operations to the Tennessee chapter of children's advocacy centers, which is the statewide membership organization. The Tennessee chapter of children's advocacy centers shall compile and report such data annually to the chairs of the judiciary committee of the senate, civil justice committee of the house of representatives, health and welfare committee of the senate, and health committee of the house of representatives. The data and information collected pursuant to this subdivision (a)(8) shall include, at a minimum, the following: (A) Number and demographic profiles of cases served by age, gender, race, type of abuse, and treatment thereof, including mental health and medical services rendered; (B) Demographic profiles of perpetrators of abuse by age, gender, race, relationship to victim, and the outcome of any legal action taken against such perpetrators; (C) Nature of services and support provided by or through the center; and (D) Data and information relative to community investment in and community support of the center. (b) (1) On and after July 1, 1998, no state funds appropriated specifically for one-time, start-up assistance for new child advocacy centers shall be allocated or paid to any such center unless the center clearly demonstrates that it: (A) Has a signed memorandum of understanding and working protocol executed among: (i) The department of children's services; (ii) All county and municipal law enforcement agencies within the area served by the center; (iii) All district attorneys general offices within the area served by the center; and (iv) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the area served by the center; and (B) Has formally filed an application for a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) . (2) After receiving any such start-up assistance, no additional state funds appropriated specifically for child advocacy centers shall be allocated or paid to such center unless the center clearly demonstrates that it complies with the enumerated requirements set forth in subsection (a). (c) In those geographical areas in which a child advocacy center meets the requirements of subsection (a) or (b), child advocacy center directors or their designees shall be members of the child protective multi-disciplinary teams under title 37, chapter 1, parts 4 and 6, for purposes of provision of services and functions established by this section or delegated pursuant to this section. In such event, child advocacy center directors or their designees may access and generate all necessary information, which shall retain its confidential status, consistent with § 37-1-612 . (d) Notwithstanding any other provision of this section to the contrary, the department of children's services, or any other department administering state funds specially appropriated for child advocacy centers, shall continue to allocate and/or pay such funds to existing child advocacy centers with active applications on file with the department, if such centers demonstrate satisfactory progress in efforts to achieve compliance with this section. Amended by 2021 Tenn. Acts, ch. 64, s 10, eff. 3/29/2021. Amended by 2019 Tenn. Acts, ch. 345, s 17, eff. 5/10/2019. Amended by 2018 Tenn. Acts, ch. 678, Secs.s 2, s 3 eff. 7/1/2018. Amended by 2018 Tenn. Acts, ch. 678, s 1, eff. 7/1/2018. Amended by 2013 Tenn. Acts, ch. 236, s 21, eff. 4/19/2013. Acts 1998, ch. 988, § 1; T.C.A. § 9-6-123; Acts 1999, ch. 453, § 3; 2011 , ch. 410, § 3(a).
(a) Except as otherwise provided in subsection (b), on and after July 1, 1998, no state funds appropriated specifically for child advocacy centers shall be allocated or paid to any such center unless the center clearly demonstrates that it: (1) Is a nonprofit corporation which has received a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) ; (2) Employs an executive director who is answerable to the board of directors and who is not the salaried employee of any governmental entity signing the memorandum of understanding and working protocol identified in subdivision (a)(3); (3) Has a signed memorandum of understanding and working protocol executed among: (A) The department of children's services; (B) All county and municipal law enforcement agencies within the geographical area served by the center; (C) All district attorneys general offices within the geographical area served by the center; and (D) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the geographical area served by the center; (4) Facilitates the use of a multidisciplinary team (representing prosecution, law enforcement, mental health, medical, child protective and social services professionals and the juvenile court) which jointly: (A) Assess victims of child abuse and their families; and (B) Determine the need for services; (5) Provides a facility that is child-focused, neutral, comfortable, private, and safe, where the multidisciplinary team can meet to coordinate the efficient and appropriate disposition of child abuse cases through the civil and criminal justice systems; (6) Provides for the provision of needed services, referral to such services, and case tracking; (7) Has written policies and procedures consistent with the standards established by the National Children's Alliance; and (8) Agrees to accurately collect and report key outcome data and information relative to each center's operations to the Tennessee chapter of children's advocacy centers, which is the statewide membership organization. The Tennessee chapter of children's advocacy centers shall compile and report such data annually to the chairs of the judiciary committee of the senate, civil justice committee of the house of representatives, health and welfare committee of the senate, and health committee of the house of representatives. The data and information collected pursuant to this subdivision (a)(8) shall include, at a minimum, the following: (A) Number and demographic profiles of cases served by age, gender, race, type of abuse, and treatment thereof, including mental health and medical services rendered; (B) Demographic profiles of perpetrators of abuse by age, gender, race, relationship to victim, and the outcome of any legal action taken against such perpetrators; (C) Nature of services and support provided by or through the center; and (D) Data and information relative to community investment in and community support of the center.
(1) Is a nonprofit corporation which has received a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) ;
(2) Employs an executive director who is answerable to the board of directors and who is not the salaried employee of any governmental entity signing the memorandum of understanding and working protocol identified in subdivision (a)(3);
(3) Has a signed memorandum of understanding and working protocol executed among: (A) The department of children's services; (B) All county and municipal law enforcement agencies within the geographical area served by the center; (C) All district attorneys general offices within the geographical area served by the center; and (D) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the geographical area served by the center;
(A) The department of children's services;
(B) All county and municipal law enforcement agencies within the geographical area served by the center;
(C) All district attorneys general offices within the geographical area served by the center; and
(D) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the geographical area served by the center;
(4) Facilitates the use of a multidisciplinary team (representing prosecution, law enforcement, mental health, medical, child protective and social services professionals and the juvenile court) which jointly: (A) Assess victims of child abuse and their families; and (B) Determine the need for services;
(A) Assess victims of child abuse and their families; and
(B) Determine the need for services;
(5) Provides a facility that is child-focused, neutral, comfortable, private, and safe, where the multidisciplinary team can meet to coordinate the efficient and appropriate disposition of child abuse cases through the civil and criminal justice systems;
(6) Provides for the provision of needed services, referral to such services, and case tracking;
(7) Has written policies and procedures consistent with the standards established by the National Children's Alliance; and
(8) Agrees to accurately collect and report key outcome data and information relative to each center's operations to the Tennessee chapter of children's advocacy centers, which is the statewide membership organization. The Tennessee chapter of children's advocacy centers shall compile and report such data annually to the chairs of the judiciary committee of the senate, civil justice committee of the house of representatives, health and welfare committee of the senate, and health committee of the house of representatives. The data and information collected pursuant to this subdivision (a)(8) shall include, at a minimum, the following: (A) Number and demographic profiles of cases served by age, gender, race, type of abuse, and treatment thereof, including mental health and medical services rendered; (B) Demographic profiles of perpetrators of abuse by age, gender, race, relationship to victim, and the outcome of any legal action taken against such perpetrators; (C) Nature of services and support provided by or through the center; and (D) Data and information relative to community investment in and community support of the center.
(A) Number and demographic profiles of cases served by age, gender, race, type of abuse, and treatment thereof, including mental health and medical services rendered;
(B) Demographic profiles of perpetrators of abuse by age, gender, race, relationship to victim, and the outcome of any legal action taken against such perpetrators;
(C) Nature of services and support provided by or through the center; and
(D) Data and information relative to community investment in and community support of the center.
(b) (1) On and after July 1, 1998, no state funds appropriated specifically for one-time, start-up assistance for new child advocacy centers shall be allocated or paid to any such center unless the center clearly demonstrates that it: (A) Has a signed memorandum of understanding and working protocol executed among: (i) The department of children's services; (ii) All county and municipal law enforcement agencies within the area served by the center; (iii) All district attorneys general offices within the area served by the center; and (iv) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the area served by the center; and (B) Has formally filed an application for a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) . (2) After receiving any such start-up assistance, no additional state funds appropriated specifically for child advocacy centers shall be allocated or paid to such center unless the center clearly demonstrates that it complies with the enumerated requirements set forth in subsection (a).
(1) On and after July 1, 1998, no state funds appropriated specifically for one-time, start-up assistance for new child advocacy centers shall be allocated or paid to any such center unless the center clearly demonstrates that it: (A) Has a signed memorandum of understanding and working protocol executed among: (i) The department of children's services; (ii) All county and municipal law enforcement agencies within the area served by the center; (iii) All district attorneys general offices within the area served by the center; and (iv) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the area served by the center; and (B) Has formally filed an application for a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) .
(A) Has a signed memorandum of understanding and working protocol executed among: (i) The department of children's services; (ii) All county and municipal law enforcement agencies within the area served by the center; (iii) All district attorneys general offices within the area served by the center; and (iv) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the area served by the center; and
(i) The department of children's services;
(ii) All county and municipal law enforcement agencies within the area served by the center;
(iii) All district attorneys general offices within the area served by the center; and
(iv) Any other governmental entity which participates in child abuse investigations or offers services to child abuse victims within the area served by the center; and
(B) Has formally filed an application for a determination of exemption from the internal revenue service under 26 U.S.C. § 501(c)(3) .
(2) After receiving any such start-up assistance, no additional state funds appropriated specifically for child advocacy centers shall be allocated or paid to such center unless the center clearly demonstrates that it complies with the enumerated requirements set forth in subsection (a).
(c) In those geographical areas in which a child advocacy center meets the requirements of subsection (a) or (b), child advocacy center directors or their designees shall be members of the child protective multi-disciplinary teams under title 37, chapter 1, parts 4 and 6, for purposes of provision of services and functions established by this section or delegated pursuant to this section. In such event, child advocacy center directors or their designees may access and generate all necessary information, which shall retain its confidential status, consistent with § 37-1-612 .
(d) Notwithstanding any other provision of this section to the contrary, the department of children's services, or any other department administering state funds specially appropriated for child advocacy centers, shall continue to allocate and/or pay such funds to existing child advocacy centers with active applications on file with the department, if such centers demonstrate satisfactory progress in efforts to achieve compliance with this section.
Amended by 2021 Tenn. Acts, ch. 64, s 10, eff. 3/29/2021.
Amended by 2019 Tenn. Acts, ch. 345, s 17, eff. 5/10/2019.
Amended by 2018 Tenn. Acts, ch. 678, Secs.s 2, s 3 eff. 7/1/2018.
Amended by 2018 Tenn. Acts, ch. 678, s 1, eff. 7/1/2018.
Amended by 2013 Tenn. Acts, ch. 236, s 21, eff. 4/19/2013.
Acts 1998, ch. 988, § 1; T.C.A. § 9-6-123; Acts 1999, ch. 453, § 3; 2011 , ch. 410, § 3(a).
Tenn. Code Ann. § 9-21-908 — TN Code / Title 9 / Chapter 21 / Section 9-21-908
Limitation on maturity of bonds to be refunded
Status: in_force

Unless the outstanding obligations are retired at the time of delivery of the general obligation refunding bonds, then the general obligation refunding bonds shall not be issued to refund the outstanding obligations unless the outstanding obligations shall mature by their terms, or shall be subject to redemption and be called for redemption within ten (10) years from the date of delivery of the general obligation refunding bonds. However, this time limitation shall not apply if the comptroller of the treasury or the comptroller's designee approves a greater period in the comptroller of the treasury's or the comptroller's designee's report on the proposed refunding plan. Acts 1986, ch. 770, § 9-8; 2010, ch. 868, § 65.
Unless the outstanding obligations are retired at the time of delivery of the general obligation refunding bonds, then the general obligation refunding bonds shall not be issued to refund the outstanding obligations unless the outstanding obligations shall mature by their terms, or shall be subject to redemption and be called for redemption within ten (10) years from the date of delivery of the general obligation refunding bonds. However, this time limitation shall not apply if the comptroller of the treasury or the comptroller's designee approves a greater period in the comptroller of the treasury's or the comptroller's designee's report on the proposed refunding plan.
Acts 1986, ch. 770, § 9-8; 2010, ch. 868, § 65.
Tenn. Code Ann. § 9-4-5104 — TN Code / Title 9 / Chapter 4 / Section 9-4-5104
Revenue estimates
Status: in_force

On or before January 1 of each year, the commissioner of finance and administration shall prepare revenue estimates for the current fiscal year and for the next fiscal year for inclusion in the budget. The revenue estimates shall be classified so as to show the receipts by funds, organization units, and sources of income. Acts 1937, ch. 33, § 19; C. Supp. 1950, § 255.19; modified; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; Acts 1969, ch. 12, § 4; T.C.A. (orig. ed.), § 9-603; T.C.A. § 9-6-104.
On or before January 1 of each year, the commissioner of finance and administration shall prepare revenue estimates for the current fiscal year and for the next fiscal year for inclusion in the budget. The revenue estimates shall be classified so as to show the receipts by funds, organization units, and sources of income.
Acts 1937, ch. 33, § 19; C. Supp. 1950, § 255.19; modified; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; Acts 1969, ch. 12, § 4; T.C.A. (orig. ed.), § 9-603; T.C.A. § 9-6-104.
Tenn. Code Ann. § 9-4-806 — TN Code / Title 9 / Chapter 4 / Section 9-4-806
[Repealed]
Status: repealed

Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017. Acts 1985, ch. 118, § 58.
Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017.
Acts 1985, ch. 118, § 58.
Tenn. Code Ann. § 9-4-604 — TN Code / Title 9 / Chapter 4 / Section 9-4-604
Payments to debtor of state
Status: in_force

No person shall draw any money from the public treasury until all debts, dues, and demands owing by such person to the state are first liquidated and paid off. The commissioner of finance and administration shall not issue any warrant upon the treasury in favor of a person in default until all of such person's arrearages to the treasury are audited and paid, otherwise than by allowing such defaulter or delinquent credits on the amounts of such person's delinquencies for such sum or sums as may at any time be due and owing to such person from the treasury. Notwithstanding the provisions of this section to the contrary, the commissioner may issue such a warrant upon the commissioner's determination that refusing to issue such a warrant would result in an interruption of essential services. Acts 1985, ch. 118, § 44; 2004, ch. 931, § 1.
No person shall draw any money from the public treasury until all debts, dues, and demands owing by such person to the state are first liquidated and paid off. The commissioner of finance and administration shall not issue any warrant upon the treasury in favor of a person in default until all of such person's arrearages to the treasury are audited and paid, otherwise than by allowing such defaulter or delinquent credits on the amounts of such person's delinquencies for such sum or sums as may at any time be due and owing to such person from the treasury. Notwithstanding the provisions of this section to the contrary, the commissioner may issue such a warrant upon the commissioner's determination that refusing to issue such a warrant would result in an interruption of essential services.
Acts 1985, ch. 118, § 44; 2004, ch. 931, § 1.
Tenn. Code Ann. § 9-4-107 — TN Code / Title 9 / Chapter 4 / Section 9-4-107
State depository
Status: in_force

(a) (1) "State depository" means: (A) Any savings bank (savings institution), or any bank chartered by the state of Tennessee; (B) Any national bank, or federal savings institution that has its main office located in this state; or (C) Any national or state bank, or any federal or state savings institution that has its main office located outside this state and that maintains one (1) or more branches in this state which are authorized to accept federally insured deposits; that has been designated by the state treasurer, the governor and the commissioner of finance and administration as a state depository. (2) Notwithstanding any other law to the contrary, an automated teller machine or such other similar type receptacle or device shall not be considered a branch for purposes of this section. (b) Whenever the satisfactory conduct of the state's business clearly demands it, and not otherwise, a bank, savings institution or trust company that does not otherwise meet the requirements in subsection (a) may be designated as a state depository by the state treasurer, the governor and the commissioner of finance and administration. In the event it becomes necessary to designate such a bank, savings institution or trust company, the department or agency seeking such designation shall make a written request to the officials enumerated above, giving in detail the necessity for the designation and all other information the officials deem material. Any bank, savings institution or trust company designated under this subsection (b) shall be deemed a state depository only for the specific purpose for which it was designated and shall not be recognized as a state depository for any other purpose. (c) A bank, savings institution or trust company located outside this state shall not be eligible to be designated as a state depository pursuant to this section unless the bank, savings institution or trust company: (1) Agrees that this chapter shall govern in determining its rights and responsibilities as a state depository; and (2) Agrees to be subject to the jurisdiction of the courts of this state, or of the courts of the United States which are located within this state, for the purpose of any litigation arising out of this chapter. (d) Notwithstanding § 12-4-108 to the contrary, the public official described in § 12-4-108(b) shall have the power to enter into a trust agreement with any savings institution or bank described in subsection (a) for the safekeeping, custodial care and servicing of securities substituted for retained funds pursuant to § 12-4-108 . (e) It is the duty of the commissioner of financial institutions to make inquiry, on a timely basis, of the primary regulatory authority respecting the condition and safety of each out-of-state state chartered bank and of each out-of-state state chartered savings institution as a state depository, and to advise the state treasurer and the commissioner of finance and administration of the results. Such inquiry shall be made on at least an annual basis. (f) (1) On or after July 1, 2022, the state treasurer shall not enter into a contract or amendment with a state depository for the state's primary cash management banking services if the state depository has a policy that prohibits financing to companies in the fossil fuel industry; provided, however, that the state treasurer may award or enter into a contract or amendment with a state depository that has such a policy upon a determination that the services sought are necessary for the department of treasury or the state to perform its functions, and that absent such an exemption, the department of treasury or the state would be unable to obtain the services sought from another contractor. (2) For the purposes of this subsection (f), the term "companies in the fossil fuel industry" means entities with at least fifty percent (50%) of its annual revenue obtained from business operations involving natural gas, oil, kerosene, petroleum, coal, hydrocarbon product, or any form of solid, liquid, or gaseous fuel derived from such material to produce heat for the generation of electricity. Amended by 2022 Tenn. Acts, ch. 1039, s 1, eff. 7/1/2022. Acts 1985, ch. 118, § 19; 1986, ch. 551, § 11; 1986, ch. 923, § 1; 1989, ch. 183, § 1; 1997 , ch. 217, § 15; 2001, ch. 33, §§ 1, 2.
(a) (1) "State depository" means: (A) Any savings bank (savings institution), or any bank chartered by the state of Tennessee; (B) Any national bank, or federal savings institution that has its main office located in this state; or (C) Any national or state bank, or any federal or state savings institution that has its main office located outside this state and that maintains one (1) or more branches in this state which are authorized to accept federally insured deposits; that has been designated by the state treasurer, the governor and the commissioner of finance and administration as a state depository. (2) Notwithstanding any other law to the contrary, an automated teller machine or such other similar type receptacle or device shall not be considered a branch for purposes of this section.
(1) "State depository" means: (A) Any savings bank (savings institution), or any bank chartered by the state of Tennessee; (B) Any national bank, or federal savings institution that has its main office located in this state; or (C) Any national or state bank, or any federal or state savings institution that has its main office located outside this state and that maintains one (1) or more branches in this state which are authorized to accept federally insured deposits; that has been designated by the state treasurer, the governor and the commissioner of finance and administration as a state depository.
(A) Any savings bank (savings institution), or any bank chartered by the state of Tennessee;
(B) Any national bank, or federal savings institution that has its main office located in this state; or
(C) Any national or state bank, or any federal or state savings institution that has its main office located outside this state and that maintains one (1) or more branches in this state which are authorized to accept federally insured deposits; that has been designated by the state treasurer, the governor and the commissioner of finance and administration as a state depository.
that has been designated by the state treasurer, the governor and the commissioner of finance and administration as a state depository.
(2) Notwithstanding any other law to the contrary, an automated teller machine or such other similar type receptacle or device shall not be considered a branch for purposes of this section.
(b) Whenever the satisfactory conduct of the state's business clearly demands it, and not otherwise, a bank, savings institution or trust company that does not otherwise meet the requirements in subsection (a) may be designated as a state depository by the state treasurer, the governor and the commissioner of finance and administration. In the event it becomes necessary to designate such a bank, savings institution or trust company, the department or agency seeking such designation shall make a written request to the officials enumerated above, giving in detail the necessity for the designation and all other information the officials deem material. Any bank, savings institution or trust company designated under this subsection (b) shall be deemed a state depository only for the specific purpose for which it was designated and shall not be recognized as a state depository for any other purpose.
(c) A bank, savings institution or trust company located outside this state shall not be eligible to be designated as a state depository pursuant to this section unless the bank, savings institution or trust company: (1) Agrees that this chapter shall govern in determining its rights and responsibilities as a state depository; and (2) Agrees to be subject to the jurisdiction of the courts of this state, or of the courts of the United States which are located within this state, for the purpose of any litigation arising out of this chapter.
(1) Agrees that this chapter shall govern in determining its rights and responsibilities as a state depository; and
(2) Agrees to be subject to the jurisdiction of the courts of this state, or of the courts of the United States which are located within this state, for the purpose of any litigation arising out of this chapter.
(d) Notwithstanding § 12-4-108 to the contrary, the public official described in § 12-4-108(b) shall have the power to enter into a trust agreement with any savings institution or bank described in subsection (a) for the safekeeping, custodial care and servicing of securities substituted for retained funds pursuant to § 12-4-108 .
(e) It is the duty of the commissioner of financial institutions to make inquiry, on a timely basis, of the primary regulatory authority respecting the condition and safety of each out-of-state state chartered bank and of each out-of-state state chartered savings institution as a state depository, and to advise the state treasurer and the commissioner of finance and administration of the results. Such inquiry shall be made on at least an annual basis.
(f) (1) On or after July 1, 2022, the state treasurer shall not enter into a contract or amendment with a state depository for the state's primary cash management banking services if the state depository has a policy that prohibits financing to companies in the fossil fuel industry; provided, however, that the state treasurer may award or enter into a contract or amendment with a state depository that has such a policy upon a determination that the services sought are necessary for the department of treasury or the state to perform its functions, and that absent such an exemption, the department of treasury or the state would be unable to obtain the services sought from another contractor. (2) For the purposes of this subsection (f), the term "companies in the fossil fuel industry" means entities with at least fifty percent (50%) of its annual revenue obtained from business operations involving natural gas, oil, kerosene, petroleum, coal, hydrocarbon product, or any form of solid, liquid, or gaseous fuel derived from such material to produce heat for the generation of electricity.
(1) On or after July 1, 2022, the state treasurer shall not enter into a contract or amendment with a state depository for the state's primary cash management banking services if the state depository has a policy that prohibits financing to companies in the fossil fuel industry; provided, however, that the state treasurer may award or enter into a contract or amendment with a state depository that has such a policy upon a determination that the services sought are necessary for the department of treasury or the state to perform its functions, and that absent such an exemption, the department of treasury or the state would be unable to obtain the services sought from another contractor.
(2) For the purposes of this subsection (f), the term "companies in the fossil fuel industry" means entities with at least fifty percent (50%) of its annual revenue obtained from business operations involving natural gas, oil, kerosene, petroleum, coal, hydrocarbon product, or any form of solid, liquid, or gaseous fuel derived from such material to produce heat for the generation of electricity.
Amended by 2022 Tenn. Acts, ch. 1039, s 1, eff. 7/1/2022.
Acts 1985, ch. 118, § 19; 1986, ch. 551, § 11; 1986, ch. 923, § 1; 1989, ch. 183, § 1; 1997 , ch. 217, § 15; 2001, ch. 33, §§ 1, 2.
Tenn. Code Ann. § 9-21-902 — TN Code / Title 9 / Chapter 21 / Section 9-21-902
Determination by governing body to be conclusive
Status: in_force

A determination by the governing body that any refunding is advantageous or necessary to the local government, or that any of the amounts provided in § 9-21-904 should be included in such refunding, or that any of the outstanding obligations should be called for redemption on the first or any subsequent available redemption date or permitted to remain outstanding until their respective dates of maturity, shall be conclusive. However, the determination as to whether the general obligation refunding bonds can be sold at a private negotiated sale is subject to § 9-21-910(c) . Acts 1986, ch. 770, § 9-2.
A determination by the governing body that any refunding is advantageous or necessary to the local government, or that any of the amounts provided in § 9-21-904 should be included in such refunding, or that any of the outstanding obligations should be called for redemption on the first or any subsequent available redemption date or permitted to remain outstanding until their respective dates of maturity, shall be conclusive. However, the determination as to whether the general obligation refunding bonds can be sold at a private negotiated sale is subject to § 9-21-910(c) .
Acts 1986, ch. 770, § 9-2.
Tenn. Code Ann. § 9-3-102 — TN Code / Title 9 / Chapter 3 / Section 9-3-102
Facsimile signatures and seals on public securities
Status: in_force

(a) As used in this chapter, unless the context clearly otherwise requires: (1) "Facsimile" means a reproduction by engraving, imprinting, stamping, lithographing or other means; (2) "Municipality" means any county, incorporated city or town, school district, utility district, improvement district, taxing district, housing authority, industrial development board, health and educational facilities board, or other district, authority, commission, board, public body or political subdivision in this state; and (3) "Public security" means any bond, note, warrant, certificate of indebtedness or other obligation for the payment of money authorized to be issued by a municipality. (b) Notwithstanding any other law: (1) Any public security required to be executed by the officers of a municipality may be executed with the facsimile rather than the manual signatures of such officers if so provided in the proceedings authorizing the issuance of such public security; provided, that at least one (1) such signature on each public security shall be manually subscribed or, in the alternative, in the case of any public security being authenticated by a corporate trustee pursuant to the terms of an indenture of trust or other trust instrument, only the signature of the authenticating agent of such trustee need be manually subscribed on such public security, if so provided in such proceedings; and (2) A facsimile of the official seal of a municipality may be placed on any public security in lieu of the manual impress of such seal, if so provided in the proceedings authorizing the issuance of such public security. (c) This section is in addition and supplemental to existing law and shall not repeal any other law permitting the use of facsimile signatures or seals on public securities. Acts 1985, ch. 118, § 10.
(a) As used in this chapter, unless the context clearly otherwise requires: (1) "Facsimile" means a reproduction by engraving, imprinting, stamping, lithographing or other means; (2) "Municipality" means any county, incorporated city or town, school district, utility district, improvement district, taxing district, housing authority, industrial development board, health and educational facilities board, or other district, authority, commission, board, public body or political subdivision in this state; and (3) "Public security" means any bond, note, warrant, certificate of indebtedness or other obligation for the payment of money authorized to be issued by a municipality.
(1) "Facsimile" means a reproduction by engraving, imprinting, stamping, lithographing or other means;
(2) "Municipality" means any county, incorporated city or town, school district, utility district, improvement district, taxing district, housing authority, industrial development board, health and educational facilities board, or other district, authority, commission, board, public body or political subdivision in this state; and
(3) "Public security" means any bond, note, warrant, certificate of indebtedness or other obligation for the payment of money authorized to be issued by a municipality.
(b) Notwithstanding any other law: (1) Any public security required to be executed by the officers of a municipality may be executed with the facsimile rather than the manual signatures of such officers if so provided in the proceedings authorizing the issuance of such public security; provided, that at least one (1) such signature on each public security shall be manually subscribed or, in the alternative, in the case of any public security being authenticated by a corporate trustee pursuant to the terms of an indenture of trust or other trust instrument, only the signature of the authenticating agent of such trustee need be manually subscribed on such public security, if so provided in such proceedings; and (2) A facsimile of the official seal of a municipality may be placed on any public security in lieu of the manual impress of such seal, if so provided in the proceedings authorizing the issuance of such public security.
(1) Any public security required to be executed by the officers of a municipality may be executed with the facsimile rather than the manual signatures of such officers if so provided in the proceedings authorizing the issuance of such public security; provided, that at least one (1) such signature on each public security shall be manually subscribed or, in the alternative, in the case of any public security being authenticated by a corporate trustee pursuant to the terms of an indenture of trust or other trust instrument, only the signature of the authenticating agent of such trustee need be manually subscribed on such public security, if so provided in such proceedings; and
(2) A facsimile of the official seal of a municipality may be placed on any public security in lieu of the manual impress of such seal, if so provided in the proceedings authorizing the issuance of such public security.
(c) This section is in addition and supplemental to existing law and shall not repeal any other law permitting the use of facsimile signatures or seals on public securities.
Acts 1985, ch. 118, § 10.
Tenn. Code Ann. § 9-21-124 — TN Code / Title 9 / Chapter 21 / Section 9-21-124
Supplementary nature - Transitional provisions - Interest rate agreements
Status: in_force

(a) The powers conferred by this chapter shall be in addition and supplemental to the powers conferred by any other law and not in substitution for the powers conferred by any other law; however, to the extent this law conflicts with any other law or is inconsistent with any other law, this chapter shall prevail with respect to all bonds and notes issued under this chapter. Bonds or notes may be issued hereunder for any public works project, notwithstanding that any other law may provide for the issuance of bonds or notes for like purposes and without regard to the requirements, restrictions or procedural provisions contained in any other law or any home rule charter, and notwithstanding any other provisions to the contrary contained in any other law or laws. Any proceedings heretofore taken by any local government relating to the subject matters hereof, whether or not commenced under any other law, may be continued hereunder, or at the option of the governing body, may be discontinued and new proceedings instituted under this chapter. (b) Prior to the adoption or promulgation by the state funding board of guidelines, rules or regulations with respect to the contracts and agreements authorized in §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) , a local government may enter into such contracts or agreements to the extent otherwise authorized in this chapter or in any other law notwithstanding §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) . Nothing in §§ 9-21-213(d) , 9-21-302(b) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) is intended to alter any existing authority in this chapter or in any other law otherwise providing authority for a local government to enter into the contracts or agreements described in §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) heretofore entered into or entered into prior to the adoption or promulgation by the state funding board of guidelines, rules or regulations. Acts 1986, ch. 770, § 1-24; 1999, ch. 432, § 1.
(a) The powers conferred by this chapter shall be in addition and supplemental to the powers conferred by any other law and not in substitution for the powers conferred by any other law; however, to the extent this law conflicts with any other law or is inconsistent with any other law, this chapter shall prevail with respect to all bonds and notes issued under this chapter. Bonds or notes may be issued hereunder for any public works project, notwithstanding that any other law may provide for the issuance of bonds or notes for like purposes and without regard to the requirements, restrictions or procedural provisions contained in any other law or any home rule charter, and notwithstanding any other provisions to the contrary contained in any other law or laws. Any proceedings heretofore taken by any local government relating to the subject matters hereof, whether or not commenced under any other law, may be continued hereunder, or at the option of the governing body, may be discontinued and new proceedings instituted under this chapter.
(b) Prior to the adoption or promulgation by the state funding board of guidelines, rules or regulations with respect to the contracts and agreements authorized in §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) , a local government may enter into such contracts or agreements to the extent otherwise authorized in this chapter or in any other law notwithstanding §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) . Nothing in §§ 9-21-213(d) , 9-21-302(b) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) is intended to alter any existing authority in this chapter or in any other law otherwise providing authority for a local government to enter into the contracts or agreements described in §§ 9-21-213(d) , 9-21-302(b) , 9-21-305(c) , 9-21-602(c) , 9-21-907(c) , 9-21-910(d) , 9-21-1006(c) and 9-21-1008(c) heretofore entered into or entered into prior to the adoption or promulgation by the state funding board of guidelines, rules or regulations.
Acts 1986, ch. 770, § 1-24; 1999, ch. 432, § 1.
Tenn. Code Ann. § 9-19-101 — TN Code / Title 9 / Chapter 19 / Section 9-19-101
Short title
Status: in_force

This chapter may be known as the "Tennessee Public Obligations Registration Act." Acts 1983, ch. 100, § 1.
This chapter may be known as the "Tennessee Public Obligations Registration Act."
Acts 1983, ch. 100, § 1.
Tenn. Code Ann. § 9-3-603 — TN Code / Title 9 / Chapter 3 / Section 9-3-603
[Repealed effective 6/30/2025] Repealer
Status: repealed

This part is repealed on June 30, 2025. Added by 2022 Tenn. Acts, ch. 861, s 1, eff. 4/14/2022.
This part is repealed on June 30, 2025.
Added by 2022 Tenn. Acts, ch. 861, s 1, eff. 4/14/2022.
Tenn. Code Ann. § 9-13-101 — TN Code / Title 9 / Chapter 13 / Section 9-13-101
Authority to lend appropriated funds
Status: in_force

The state board of equalization, with the approval of the funding board, is hereby authorized to lend state funds appropriated and made available for that purpose to municipalities and counties of the state upon terms and conditions hereinafter prescribed. Acts 1966 (2nd Ex. Sess.), ch. 3, § 1; T.C.A., § 9-1301.
The state board of equalization, with the approval of the funding board, is hereby authorized to lend state funds appropriated and made available for that purpose to municipalities and counties of the state upon terms and conditions hereinafter prescribed.
Acts 1966 (2nd Ex. Sess.), ch. 3, § 1; T.C.A., § 9-1301.
Tenn. Code Ann. § 9-4-1302 — TN Code / Title 9 / Chapter 4 / Section 9-4-1302
Expenditure of funds
Status: in_force

(a) Funds in the opioid abatement fund shall be spent only for the following purposes: (1) Prospective opioid abatement and remediation; (2) Expenses incurred in administering and operating the opioid abatement council; (3) Related expenses as provided in § 33-11-104(b) ; and (4) Expenses associated with administering, investing, and disbursing funds held in the opioid abatement fund. (b) Funds in the opioid abatement fund shall not be used to reimburse expenditures incurred prior to May 24, 2021. Funds from the opioid abatement fund shall not be used to pay litigation costs, expenses, or attorney fees arising from the enforcement of legal claims related to the opioid epidemic. (c) Any opioid abatement fund disbursements must be made at the direction of the opioid abatement council. Except to the extent required by law, the trustees of the opioid abatement fund shall not make or refuse to make any disbursement contrary to the direction of the opioid abatement council. Added by 2021 Tenn. Acts, ch. 491, s 2, eff. 5/24/2021.
(a) Funds in the opioid abatement fund shall be spent only for the following purposes: (1) Prospective opioid abatement and remediation; (2) Expenses incurred in administering and operating the opioid abatement council; (3) Related expenses as provided in § 33-11-104(b) ; and (4) Expenses associated with administering, investing, and disbursing funds held in the opioid abatement fund.
(1) Prospective opioid abatement and remediation;
(2) Expenses incurred in administering and operating the opioid abatement council;
(3) Related expenses as provided in § 33-11-104(b) ; and
(4) Expenses associated with administering, investing, and disbursing funds held in the opioid abatement fund.
(b) Funds in the opioid abatement fund shall not be used to reimburse expenditures incurred prior to May 24, 2021. Funds from the opioid abatement fund shall not be used to pay litigation costs, expenses, or attorney fees arising from the enforcement of legal claims related to the opioid epidemic.
(c) Any opioid abatement fund disbursements must be made at the direction of the opioid abatement council. Except to the extent required by law, the trustees of the opioid abatement fund shall not make or refuse to make any disbursement contrary to the direction of the opioid abatement council.
Added by 2021 Tenn. Acts, ch. 491, s 2, eff. 5/24/2021.
Tenn. Code Ann. § 9-21-906 — TN Code / Title 9 / Chapter 21 / Section 9-21-906
Sale of general obligation refunding bonds at below par value
Status: in_force

All general obligation refunding bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-eight percent (98%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date shall be not less than ninety-eight percent (98%) of the par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such general obligation refunding bonds are to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at not less than ninety-eight percent (98%) of the original reoffering price of such discount bonds and accrued interest. Acts 1986, ch. 770, § 9-6.
All general obligation refunding bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-eight percent (98%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date shall be not less than ninety-eight percent (98%) of the par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such general obligation refunding bonds are to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at not less than ninety-eight percent (98%) of the original reoffering price of such discount bonds and accrued interest.
Acts 1986, ch. 770, § 9-6.
Tenn. Code Ann. § 9-4-1002 — TN Code / Title 9 / Chapter 4 / Section 9-4-1002
Trustees
Status: in_force

The comptroller of the treasury, the commissioner of financial institutions, the commissioner of finance and administration, the secretary of state, and the state treasurer, or their designees, shall serve as trustees of the trust. The comptroller of the treasury shall serve as the chair of the trustees and shall preside over all meetings and proceedings of the trustees. Added by 2017 Tenn. Acts, ch. 374,s 1, eff. 5/11/2017.
The comptroller of the treasury, the commissioner of financial institutions, the commissioner of finance and administration, the secretary of state, and the state treasurer, or their designees, shall serve as trustees of the trust. The comptroller of the treasury shall serve as the chair of the trustees and shall preside over all meetings and proceedings of the trustees.
Added by 2017 Tenn. Acts, ch. 374,s 1, eff. 5/11/2017.
Tenn. Code Ann. § 9-4-306 — TN Code / Title 9 / Chapter 4 / Section 9-4-306
Monthly reports
Status: in_force

(a) Each state depository where public deposits are made by the state treasurer shall transmit to the state treasurer a monthly statement of moneys received, charges assessed, interest credited and amounts paid by it on account of the state. (b) Each state depository where a departmental account is maintained shall transmit to the department or agency head a monthly statement of moneys received, charges assessed, interest credited and amounts paid by it. Acts 1985, ch. 118, § 29.
(a) Each state depository where public deposits are made by the state treasurer shall transmit to the state treasurer a monthly statement of moneys received, charges assessed, interest credited and amounts paid by it on account of the state.
(b) Each state depository where a departmental account is maintained shall transmit to the department or agency head a monthly statement of moneys received, charges assessed, interest credited and amounts paid by it.
Acts 1985, ch. 118, § 29.
Tenn. Code Ann. § 9-4-205 — TN Code / Title 9 / Chapter 4 / Section 9-4-205
Victims of crime assistance fund
Status: in_force

(a) There is created a fund within the treasury of the state of Tennessee to be known as the "victims of crime assistance fund." (b) Moneys shall be deposited to the fund pursuant to § 67-4-606 and as may be otherwise provided by law and shall be invested pursuant to § 9-4-603 . Moneys in the fund shall not revert to the general fund of the state, but shall remain available for appropriation to victims of crime assistance programs as determined by the general assembly. (c) Funds in the victims of crime assistance fund and available federal funds, to the extent permitted by federal law and regulation, shall be used first to fund the victim-witness coordinator program established in § 8-7-206 and, to the extent that additional funds are available, to support other eligible victims of crime assistance programs. Such eligible victims of crime assistance programs shall include, but not be limited to, programs which provide appropriate counseling and support to victims, including each victim's family and programs which assist in the rehabilitation of victims of crime. (d) The commissioner of human services shall receive grant applications for funds and shall approve such grants as are desirable to effectuate the purposes of the Victims of Crime Assistance Act of 1986, as contained in this section and §§ 8-7-206 , 40-24-107(e) [repealed], and 67-4-606(a)(5), to the full extent of available funding in the victims of crime assistance fund established by this section. To assist in establishing criteria, priorities and the review of grant applications, the commissioner of human services shall establish an advisory committee composed of persons from each grand division who are knowledgeable in establishing and administering victims of crime assistance programs. Acts 1986, ch. 880, § 1; 2002, ch. 723, § 4.
(a) There is created a fund within the treasury of the state of Tennessee to be known as the "victims of crime assistance fund."
(b) Moneys shall be deposited to the fund pursuant to § 67-4-606 and as may be otherwise provided by law and shall be invested pursuant to § 9-4-603 . Moneys in the fund shall not revert to the general fund of the state, but shall remain available for appropriation to victims of crime assistance programs as determined by the general assembly.
(c) Funds in the victims of crime assistance fund and available federal funds, to the extent permitted by federal law and regulation, shall be used first to fund the victim-witness coordinator program established in § 8-7-206 and, to the extent that additional funds are available, to support other eligible victims of crime assistance programs. Such eligible victims of crime assistance programs shall include, but not be limited to, programs which provide appropriate counseling and support to victims, including each victim's family and programs which assist in the rehabilitation of victims of crime.
(d) The commissioner of human services shall receive grant applications for funds and shall approve such grants as are desirable to effectuate the purposes of the Victims of Crime Assistance Act of 1986, as contained in this section and §§ 8-7-206 , 40-24-107(e) [repealed], and 67-4-606(a)(5), to the full extent of available funding in the victims of crime assistance fund established by this section. To assist in establishing criteria, priorities and the review of grant applications, the commissioner of human services shall establish an advisory committee composed of persons from each grand division who are knowledgeable in establishing and administering victims of crime assistance programs.
Acts 1986, ch. 880, § 1; 2002, ch. 723, § 4.
Tenn. Code Ann. § 9-4-516 — TN Code / Title 9 / Chapter 4 / Section 9-4-516
Voluntary withdrawal from collateral pool
Status: in_force

(a) A qualified public depository may withdraw from the collateral pool by giving written notice to the state treasurer and to the public depositors having public deposits at the qualified public depository. (b) Notice of withdrawal shall be mailed or delivered in sufficient time to be received by the state treasurer and by the public depositors at least one hundred eighty (180) days before the effective date of withdrawal. The state treasurer shall timely publish the withdrawal notice in the Tennessee Administrative Register which shall constitute notice to all depositors. On the effective date of withdrawal, the state treasurer is authorized to transfer eligible collateral as jointly directed by the public depository and public depositors to ensure that public depositors are adequately collateralized individually. (c) The contingent liability for any loss prior to the effective date of withdrawal of the depository withdrawing from the collateral pool shall continue after the effective date of the withdrawal. The board may establish minimum collateral and reporting requirements sufficient to meet the needs to satisfy any potential contingent liability of a withdrawing qualified public depository. Acts 1990, ch. 1043, § 1.
(a) A qualified public depository may withdraw from the collateral pool by giving written notice to the state treasurer and to the public depositors having public deposits at the qualified public depository.
(b) Notice of withdrawal shall be mailed or delivered in sufficient time to be received by the state treasurer and by the public depositors at least one hundred eighty (180) days before the effective date of withdrawal. The state treasurer shall timely publish the withdrawal notice in the Tennessee Administrative Register which shall constitute notice to all depositors. On the effective date of withdrawal, the state treasurer is authorized to transfer eligible collateral as jointly directed by the public depository and public depositors to ensure that public depositors are adequately collateralized individually.
(c) The contingent liability for any loss prior to the effective date of withdrawal of the depository withdrawing from the collateral pool shall continue after the effective date of the withdrawal. The board may establish minimum collateral and reporting requirements sufficient to meet the needs to satisfy any potential contingent liability of a withdrawing qualified public depository.
Acts 1990, ch. 1043, § 1.
Tenn. Code Ann. § 9-21-305 — TN Code / Title 9 / Chapter 21 / Section 9-21-305
Terms of revenue bonds
Status: in_force

(a) The revenue bonds may be sold in one (1) or more series, may bear such date or dates, shall mature at such time or times, not exceeding forty (40) years from their respective dates, may bear interest at a zero (0) rate or at such other rate or rates (which may vary from time to time), may be payable at such time or times, may be in such denomination or denominations, may be in such form, either coupon or registered, may carry such registration and conversion privileges, may be executed in such manner, may be payable in such medium of payment at such place or places, may be subject to such terms of redemption, with or without premium, and may provide for the replacement of mutilated, destroyed, stolen, or lost bonds, all as may be provided by resolution of the governing body of the local government. The term of the revenue bonds shall not exceed the reasonably expected economic life of the project being financed with such bonds, as stated in the resolution authorizing the revenue bonds. An erroneous estimate of the reasonably expected economic life of the project shall in no way affect the validity of such bonds. (b) A revenue bond issue may be delivered as an installment bond payable as to principal and interest in equal or approximately equal installments for the term of the bond issue in accordance with the resolution authorizing the bond issue. The authorizing resolution shall stipulate the annual principal and interest requirements during the full term of the installment bond issue. (c) With respect to all or any portion of any issue of revenue bonds issued or anticipated to be issued hereunder, at any time during the term of the revenue bonds, and upon receipt of a report of the comptroller of the treasury or the comptroller's designee finding that the contracts and agreements authorized herein are in compliance with the guidelines, rules or regulations adopted or promulgated by the state funding board, as set forth in § 9-21-130 , a local government by resolution may authorize and enter into interest rate swap or exchange agreements, agreements establishing interest rate floors or ceilings or both, and other interest rate hedging agreements under such terms and conditions as the governing body of the local government may determine, including, without limitation, provisions permitting the local government to pay to or receive from any person or entity any loss of benefits under such agreement upon early termination thereof or default under such agreement. Acts 1986, ch. 770, § 3-5; 1999, ch. 432, § 5.
(a) The revenue bonds may be sold in one (1) or more series, may bear such date or dates, shall mature at such time or times, not exceeding forty (40) years from their respective dates, may bear interest at a zero (0) rate or at such other rate or rates (which may vary from time to time), may be payable at such time or times, may be in such denomination or denominations, may be in such form, either coupon or registered, may carry such registration and conversion privileges, may be executed in such manner, may be payable in such medium of payment at such place or places, may be subject to such terms of redemption, with or without premium, and may provide for the replacement of mutilated, destroyed, stolen, or lost bonds, all as may be provided by resolution of the governing body of the local government. The term of the revenue bonds shall not exceed the reasonably expected economic life of the project being financed with such bonds, as stated in the resolution authorizing the revenue bonds. An erroneous estimate of the reasonably expected economic life of the project shall in no way affect the validity of such bonds.
(b) A revenue bond issue may be delivered as an installment bond payable as to principal and interest in equal or approximately equal installments for the term of the bond issue in accordance with the resolution authorizing the bond issue. The authorizing resolution shall stipulate the annual principal and interest requirements during the full term of the installment bond issue.
(c) With respect to all or any portion of any issue of revenue bonds issued or anticipated to be issued hereunder, at any time during the term of the revenue bonds, and upon receipt of a report of the comptroller of the treasury or the comptroller's designee finding that the contracts and agreements authorized herein are in compliance with the guidelines, rules or regulations adopted or promulgated by the state funding board, as set forth in § 9-21-130 , a local government by resolution may authorize and enter into interest rate swap or exchange agreements, agreements establishing interest rate floors or ceilings or both, and other interest rate hedging agreements under such terms and conditions as the governing body of the local government may determine, including, without limitation, provisions permitting the local government to pay to or receive from any person or entity any loss of benefits under such agreement upon early termination thereof or default under such agreement.
Acts 1986, ch. 770, § 3-5; 1999, ch. 432, § 5.
Tenn. Code Ann. § 9-4-1104 — TN Code / Title 9 / Chapter 4 / Section 9-4-1104
Investment policy - Charge for administrative and investment expenses
Status: in_force

(a) The trustees shall adopt an investment policy authorizing how assets in the trust may be invested. The policy shall not authorize assets in the trust to be invested in any instrument, obligation, security, or property that would not constitute a legal investment for assets of the Tennessee consolidated retirement system. The state treasurer shall be responsible for the investment and reinvestment of trust funds in accordance with the policies and guidelines established by the trustees. (b) The funds transferred or deposited into the trust may be commingled with, co-invested with, and invested or reinvested with other assets transferred or deposited into the trust. All or a portion of the trust may be invested, reinvested, and co-invested with other funds, not a part of the trust, which are held by the state treasurer, including, but not limited to, assets of the Tennessee consolidated retirement system and the state pooled investment fund established pursuant to part 6 of this chapter. The assets of the trust may also be co-invested in a group trust in accordance with § 8-37-104(e) . (c) The state treasurer shall assess a charge to the trust, in an amount to be determined by the treasurer, to meet the administrative and investment expenses of the treasury department in providing services under this part. Amended by 2018 Tenn. Acts, ch. 590, s 5, eff. 3/22/2018. Added by 2017 Tenn. Acts, ch. 374, s 7, eff. 5/11/2017.
(a) The trustees shall adopt an investment policy authorizing how assets in the trust may be invested. The policy shall not authorize assets in the trust to be invested in any instrument, obligation, security, or property that would not constitute a legal investment for assets of the Tennessee consolidated retirement system. The state treasurer shall be responsible for the investment and reinvestment of trust funds in accordance with the policies and guidelines established by the trustees.
(b) The funds transferred or deposited into the trust may be commingled with, co-invested with, and invested or reinvested with other assets transferred or deposited into the trust. All or a portion of the trust may be invested, reinvested, and co-invested with other funds, not a part of the trust, which are held by the state treasurer, including, but not limited to, assets of the Tennessee consolidated retirement system and the state pooled investment fund established pursuant to part 6 of this chapter. The assets of the trust may also be co-invested in a group trust in accordance with § 8-37-104(e) .
(c) The state treasurer shall assess a charge to the trust, in an amount to be determined by the treasurer, to meet the administrative and investment expenses of the treasury department in providing services under this part.
Amended by 2018 Tenn. Acts, ch. 590, s 5, eff. 3/22/2018.
Added by 2017 Tenn. Acts, ch. 374, s 7, eff. 5/11/2017.
Tenn. Code Ann. § 9-22-102 — TN Code / Title 9 / Chapter 22 / Section 9-22-102
Intent
Status: in_force

It is the intent and purpose of this chapter to clarify the statutory framework governing the perfection, priority and enforcement of pledges and liens made or granted in connection with the issuance of public obligations, and to preserve the customary practices with respect to these matters that have developed in the state of Tennessee among issuers and purchasers of public obligations. This chapter provides a uniform and comprehensive statutory framework governing the perfection, priority and enforcement of pledges and liens created by certain state and local governments, governmental entities, agencies and instrumentalities in connection with their issuance of debt obligations, and specifies the extent to which the perfection, priority and enforcement of such pledges and liens are excluded from title 47, chapter 9. If any statute of this state, other than title 47, chapter 9, imposes or authorizes a pledge or lien relating to any public obligations, then that statute, any official action entered into or adopted pursuant thereto, and this chapter, to the extent not in conflict with the foregoing, shall in all respects govern the creation, perfection, priority and enforcement of such pledges and liens, and title 47, chapter 9, shall not govern such matters. Acts 2001, ch. 290, § 1.
It is the intent and purpose of this chapter to clarify the statutory framework governing the perfection, priority and enforcement of pledges and liens made or granted in connection with the issuance of public obligations, and to preserve the customary practices with respect to these matters that have developed in the state of Tennessee among issuers and purchasers of public obligations. This chapter provides a uniform and comprehensive statutory framework governing the perfection, priority and enforcement of pledges and liens created by certain state and local governments, governmental entities, agencies and instrumentalities in connection with their issuance of debt obligations, and specifies the extent to which the perfection, priority and enforcement of such pledges and liens are excluded from title 47, chapter 9. If any statute of this state, other than title 47, chapter 9, imposes or authorizes a pledge or lien relating to any public obligations, then that statute, any official action entered into or adopted pursuant thereto, and this chapter, to the extent not in conflict with the foregoing, shall in all respects govern the creation, perfection, priority and enforcement of such pledges and liens, and title 47, chapter 9, shall not govern such matters.
Acts 2001, ch. 290, § 1.
Tenn. Code Ann. § 9-21-216 — TN Code / Title 9 / Chapter 21 / Section 9-21-216
Remedies of general obligation bondholders
Status: in_force

Any holder of general obligation bonds issued pursuant to parts 1 and 2 of this chapter has the right, in addition to all other rights: (1) By mandamus or other suit, action or proceeding in any court of competent jurisdiction to enforce such holder's rights against the local government, the governing body of the local government and any officer, agent, or employee of the local government, including, but not limited to, the right to require the local government, the governing body and any proper officer, agent or employee of the local government to assess, levy and collect taxes, and to fix and collect fees, rents, tolls, or other charges adequate to carry out any agreement as to, or pledge of, such taxes, fees, rents, tolls, or other charges, and to require the local government, the governing body of the local government and any officer, agent or employee of the local government to carry out any other covenants and agreements and to perform its and their duties under this chapter. No holder or holders of bonds payable exclusively from the revenues of a public works project shall ever have the right to compel the levying and collection of taxes to pay such bonds and the interest thereon; and (2) By action or suit in equity, to enjoin any acts or things which may be unlawful or a violation of the rights of such holder or holders of general obligation bonds. Acts 1986, ch. 770, § 2-16.
Any holder of general obligation bonds issued pursuant to parts 1 and 2 of this chapter has the right, in addition to all other rights:
(1) By mandamus or other suit, action or proceeding in any court of competent jurisdiction to enforce such holder's rights against the local government, the governing body of the local government and any officer, agent, or employee of the local government, including, but not limited to, the right to require the local government, the governing body and any proper officer, agent or employee of the local government to assess, levy and collect taxes, and to fix and collect fees, rents, tolls, or other charges adequate to carry out any agreement as to, or pledge of, such taxes, fees, rents, tolls, or other charges, and to require the local government, the governing body of the local government and any officer, agent or employee of the local government to carry out any other covenants and agreements and to perform its and their duties under this chapter. No holder or holders of bonds payable exclusively from the revenues of a public works project shall ever have the right to compel the levying and collection of taxes to pay such bonds and the interest thereon; and
(2) By action or suit in equity, to enjoin any acts or things which may be unlawful or a violation of the rights of such holder or holders of general obligation bonds.
Acts 1986, ch. 770, § 2-16.
Tenn. Code Ann. § 9-2-105 — TN Code / Title 9 / Chapter 2 / Section 9-2-105
Furnishing receipt books
Status: in_force

It is the duty of the chief administrative officer of the municipality to procure such receipt books for municipal officials, it is the duty of the county mayor to procure such receipt books for county officials, and it is the duty of the department head of the state agency to procure the same for state officials. The state or county official issuing receipts hereunder shall preserve such official's copy of such receipt book until the same has been audited as provided by law, after which time such official may make such disposition thereof as deemed advisable, unless otherwise directed by the comptroller of the treasury. The cost of printing the receipt books by the county or municipal officials shall be paid in the same manner now provided for the payment for other office supplies. The cost of receipt books used in state offices shall be paid in the same manner as now provided for the payment for other state office supplies. Acts 1947, ch. 224, § 2; C. Supp. 1950, § 1902.2; impl. am. Acts 1978, ch. 934, §§ 16, 36; T.C.A. (orig. ed.), § 9-205; Acts 1995, ch. 70, §§2-5; 2003 , ch. 90, § 2.
It is the duty of the chief administrative officer of the municipality to procure such receipt books for municipal officials, it is the duty of the county mayor to procure such receipt books for county officials, and it is the duty of the department head of the state agency to procure the same for state officials. The state or county official issuing receipts hereunder shall preserve such official's copy of such receipt book until the same has been audited as provided by law, after which time such official may make such disposition thereof as deemed advisable, unless otherwise directed by the comptroller of the treasury. The cost of printing the receipt books by the county or municipal officials shall be paid in the same manner now provided for the payment for other office supplies. The cost of receipt books used in state offices shall be paid in the same manner as now provided for the payment for other state office supplies.
Acts 1947, ch. 224, § 2; C. Supp. 1950, § 1902.2; impl. am. Acts 1978, ch. 934, §§ 16, 36; T.C.A. (orig. ed.), § 9-205; Acts 1995, ch. 70, §§2-5; 2003 , ch. 90, § 2.
Tenn. Code Ann. § 9-21-202 — TN Code / Title 9 / Chapter 21 / Section 9-21-202
Sale of general obligation bonds at below par value
Status: in_force

All general obligation bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-eight percent (98%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date shall be not less than ninety-eight percent (98%) of par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such general obligation bonds is to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at not less than ninety-eight percent (98%) of the original reoffering price of such discount bonds and accrued interest. Acts 1986, ch. 770, § 2-2.
All general obligation bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-eight percent (98%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date shall be not less than ninety-eight percent (98%) of par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such general obligation bonds is to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at not less than ninety-eight percent (98%) of the original reoffering price of such discount bonds and accrued interest.
Acts 1986, ch. 770, § 2-2.
Tenn. Code Ann. § 9-4-804 — TN Code / Title 9 / Chapter 4 / Section 9-4-804
[Repealed]
Status: repealed

Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017. Acts 1985, ch. 118, § 56.
Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017.
Acts 1985, ch. 118, § 56.
Tenn. Code Ann. § 9-4-1204 — TN Code / Title 9 / Chapter 4 / Section 9-4-1204
Investment policy - Charge for administrative and investment expenses
Status: in_force

(a) The trustees shall adopt an investment policy authorizing how assets in the trust may be invested. The policy shall not authorize assets in the trust to be invested in any instrument, obligation, security, or property that would not constitute a legal investment for assets of the Tennessee consolidated retirement system. The state treasurer shall be responsible for the investment and reinvestment of trust funds in accordance with the policies and guidelines established by the trustees. (b) The funds transferred or deposited into the trust may be commingled with, co-invested with, and invested or reinvested with other assets transferred or deposited into the trust. All or a portion of the trust may be invested, reinvested, and co-invested with other funds, not a part of the trust, which are held by the state treasurer, including, but not limited to, assets of the Tennessee consolidated retirement system and the state pooled investment fund established pursuant to part 6 of this chapter. The assets of the trust may also be co-invested in a group trust in accordance with § 8-37-104(e) . (c) The state treasurer shall assess a charge to the trust, in an amount to be determined by the treasurer, to meet the administrative and investment expenses of the treasury department in providing services under this part. Amended by 2018 Tenn. Acts, ch. 590, s 7, eff. 3/22/2018. Added by 2017 Tenn. Acts, ch. 374, s 8, eff. 5/11/2017.
(a) The trustees shall adopt an investment policy authorizing how assets in the trust may be invested. The policy shall not authorize assets in the trust to be invested in any instrument, obligation, security, or property that would not constitute a legal investment for assets of the Tennessee consolidated retirement system. The state treasurer shall be responsible for the investment and reinvestment of trust funds in accordance with the policies and guidelines established by the trustees.
(b) The funds transferred or deposited into the trust may be commingled with, co-invested with, and invested or reinvested with other assets transferred or deposited into the trust. All or a portion of the trust may be invested, reinvested, and co-invested with other funds, not a part of the trust, which are held by the state treasurer, including, but not limited to, assets of the Tennessee consolidated retirement system and the state pooled investment fund established pursuant to part 6 of this chapter. The assets of the trust may also be co-invested in a group trust in accordance with § 8-37-104(e) .
(c) The state treasurer shall assess a charge to the trust, in an amount to be determined by the treasurer, to meet the administrative and investment expenses of the treasury department in providing services under this part.
Amended by 2018 Tenn. Acts, ch. 590, s 7, eff. 3/22/2018.
Added by 2017 Tenn. Acts, ch. 374, s 8, eff. 5/11/2017.
Tenn. Code Ann. § 9-4-1006 — TN Code / Title 9 / Chapter 4 / Section 9-4-1006
Annual financial reports
Status: in_force

The trustees shall prepare annual financial reports following the close of each fiscal year relative to the activities of the trust. The annual reports, all books, accounts, and financial records of the trust shall be subject to audit by the comptroller of the treasury. Added by 2017 Tenn. Acts, ch. 374,s 1, eff. 5/11/2017.
The trustees shall prepare annual financial reports following the close of each fiscal year relative to the activities of the trust. The annual reports, all books, accounts, and financial records of the trust shall be subject to audit by the comptroller of the treasury.
Added by 2017 Tenn. Acts, ch. 374,s 1, eff. 5/11/2017.
Tenn. Code Ann. § 9-21-303 — TN Code / Title 9 / Chapter 21 / Section 9-21-303
Sale of revenue bonds at below par value
Status: in_force

All revenue bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-seven percent (97%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date is not less than ninety-seven percent (97%) of the par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such revenue bonds is to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at less than ninety-seven percent (97%) of the original reoffering price of such discount bonds and accrued interest. Acts 1986, ch. 770, § 3-3.
All revenue bonds issued by any local government under the authority of this part and part 1 of this chapter shall be sold for not less than ninety-seven percent (97%) of par value and accrued interest as the governing body of the local government may direct. Nothing in this chapter shall be construed to prevent the sale of particular bonds constituting a part of a single issue or series of bonds at a price below that herein specified, as long as the total price paid by the purchaser for the entire issue or series of bonds offered for sale on any given date is not less than ninety-seven percent (97%) of the par value of the entire issue or series of bonds and accrued interest; provided, that if any part of such issue or series of such revenue bonds is to be sold at a zero (0) rate of interest or at an original issue discount, such bonds may be sold at less than ninety-seven percent (97%) of the original reoffering price of such discount bonds and accrued interest.
Acts 1986, ch. 770, § 3-3.
Tenn. Code Ann. § 9-4-5607 — TN Code / Title 9 / Chapter 4 / Section 9-4-5607
Reserved
Status: repealed

Repealed by 2013 Tenn. Acts, ch. 243,s 13, eff. 4/19/2013. Acts 2002, ch. 875, § 1.
Repealed by 2013 Tenn. Acts, ch. 243,s 13, eff. 4/19/2013.
Acts 2002, ch. 875, § 1.
Tenn. Code Ann. § 9-9-301 — TN Code / Title 9 / Chapter 9 / Section 9-9-301
Issuance and sale - Interest - Guidelines
Status: in_force

(a) Pending the receipt of tax revenues during any fiscal year, the state of Tennessee, acting by resolutions of its funding board, is hereby authorized and empowered to issue and sell, either at public or private sale, at not less than par and accrued interest, its interest-bearing revenue anticipation note or notes. Such note or notes shall be authorized by resolution of the funding board, shall bear such date or dates, and shall mature at such time or times, including any renewals thereof, as such resolution or resolutions may provide, but shall mature within the fiscal year of their issuance. Such notes shall bear interest at such rate or rates, be in such denominations, be in such form, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places and be subject to such terms of redemption and contain such other terms and provisions, and the state may otherwise provide with respect to the authorization, sale and issuance of such notes, as such resolution or resolutions may provide. (b) Any resolution or resolutions of the state funding board authorizing the issuance of such tax revenue anticipation note or notes shall provide that the same are issued in anticipation of the tax revenue within the then current fiscal year and shall further provide that the full faith and credit of the state of Tennessee are pledged to the payment of such note or notes. The state funding board shall provide for the payment of the principal of and interest on all notes issued under this section as the same shall become due, out of revenues and funds available for such purposes. (c) The state funding board is hereby authorized to procure such legal and technical advice, approving opinions and such financial assistance as it may consider necessary in connection with the carrying into effect of this section, and is also authorized to pay all necessary expenses and incidental expenses. All such expenses may be funded by notes issued under this section. Renumbered from T.C.A. s 9-10-101 and amended by 2013 Tenn. Acts, ch. 176,s 10, eff. 7/1/2013.
(a) Pending the receipt of tax revenues during any fiscal year, the state of Tennessee, acting by resolutions of its funding board, is hereby authorized and empowered to issue and sell, either at public or private sale, at not less than par and accrued interest, its interest-bearing revenue anticipation note or notes. Such note or notes shall be authorized by resolution of the funding board, shall bear such date or dates, and shall mature at such time or times, including any renewals thereof, as such resolution or resolutions may provide, but shall mature within the fiscal year of their issuance. Such notes shall bear interest at such rate or rates, be in such denominations, be in such form, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places and be subject to such terms of redemption and contain such other terms and provisions, and the state may otherwise provide with respect to the authorization, sale and issuance of such notes, as such resolution or resolutions may provide.
(b) Any resolution or resolutions of the state funding board authorizing the issuance of such tax revenue anticipation note or notes shall provide that the same are issued in anticipation of the tax revenue within the then current fiscal year and shall further provide that the full faith and credit of the state of Tennessee are pledged to the payment of such note or notes. The state funding board shall provide for the payment of the principal of and interest on all notes issued under this section as the same shall become due, out of revenues and funds available for such purposes.
(c) The state funding board is hereby authorized to procure such legal and technical advice, approving opinions and such financial assistance as it may consider necessary in connection with the carrying into effect of this section, and is also authorized to pay all necessary expenses and incidental expenses. All such expenses may be funded by notes issued under this section.
Renumbered from T.C.A. s 9-10-101 and amended by 2013 Tenn. Acts, ch. 176,s 10, eff. 7/1/2013.
Tenn. Code Ann. § 9-21-606 — TN Code / Title 9 / Chapter 21 / Section 9-21-606
Refunding of capital outlay notes with general obligation refunding bonds or public building authority loans
Status: in_force

Capital outlay notes may be refunded with general obligation refunding bonds as provided in part 9 of this chapter or with public building authority loans as provided in title 12, chapter 10; provided, however, that if the final maturity of the refunding bonds or public building authority loans exceeds the final maturity of the capital outlay notes being refunded, then an initial resolution authorizing general obligation refunding bonds or public building authority loans must be adopted in conformance with § 9-21-205 or § 12-10-116 , and must conform to § 9-21-206 , requiring publication of the resolution and the notice required by that section, as applicable. Sections 9-21-207 and 9-21-209 - 9-21-212, governing election requirements and procedures, and § 9-21-215 , governing the adoption of a tax resolution by the governing body of the local government, also apply. Amended by 2022 Tenn. Acts, ch. 822, s 3, eff. 4/14/2022. Amended by 2021 Tenn. Acts, ch. 128, s 15, eff. 4/13/2021. Acts 1986, ch. 770, § 6-6; 2010 , ch. 868, § 55.
Capital outlay notes may be refunded with general obligation refunding bonds as provided in part 9 of this chapter or with public building authority loans as provided in title 12, chapter 10; provided, however, that if the final maturity of the refunding bonds or public building authority loans exceeds the final maturity of the capital outlay notes being refunded, then an initial resolution authorizing general obligation refunding bonds or public building authority loans must be adopted in conformance with § 9-21-205 or § 12-10-116 , and must conform to § 9-21-206 , requiring publication of the resolution and the notice required by that section, as applicable. Sections 9-21-207 and 9-21-209 - 9-21-212, governing election requirements and procedures, and § 9-21-215 , governing the adoption of a tax resolution by the governing body of the local government, also apply.
Amended by 2022 Tenn. Acts, ch. 822, s 3, eff. 4/14/2022.
Amended by 2021 Tenn. Acts, ch. 128, s 15, eff. 4/13/2021.
Acts 1986, ch. 770, § 6-6; 2010 , ch. 868, § 55.
Tenn. Code Ann. § 9-4-102 — TN Code / Title 9 / Chapter 4 / Section 9-4-102
Default
Status: in_force

"Default" may include, but is not limited to: (1) The failure of any state depository to return any state deposit, including earned interest, in accordance with the terms of the deposit contract; (2) The failure of any state depository to pay any check, draft or warrant drawn by the state treasurer; (3) The failure of any state depository to honor any request for electronic transfer of funds to the state; (4) The failure of any state depository to account for any check, draft, warrant, order, deposit certificate or money entrusted to it by the state; (5) The issuance of any order of any court or the taking of any formal action by any supervisory authority, which has the effect of restraining a state depository from making payments of deposit liabilities; (6) The appointment of a receiver for a state depository; or (7) Any other action which the state treasurer determines to place state deposits in jeopardy. Acts 1985, ch. 118, § 14.
"Default" may include, but is not limited to:
(1) The failure of any state depository to return any state deposit, including earned interest, in accordance with the terms of the deposit contract;
(2) The failure of any state depository to pay any check, draft or warrant drawn by the state treasurer;
(3) The failure of any state depository to honor any request for electronic transfer of funds to the state;
(4) The failure of any state depository to account for any check, draft, warrant, order, deposit certificate or money entrusted to it by the state;
(5) The issuance of any order of any court or the taking of any formal action by any supervisory authority, which has the effect of restraining a state depository from making payments of deposit liabilities;
(6) The appointment of a receiver for a state depository; or
(7) Any other action which the state treasurer determines to place state deposits in jeopardy.
Acts 1985, ch. 118, § 14.
Tenn. Code Ann. § 9-8-409 — TN Code / Title 9 / Chapter 8 / Section 9-8-409
Centralized information system for reporting of alleged dangerous conditions on state-maintained highways and repair of conditions
Status: in_force

The state treasurer, in conjunction with the department of transportation, shall develop, implement, and administer a centralized information system for the reporting of alleged dangerous conditions on state-maintained highways and the repair of the conditions. To fulfill the duties described in this section, the state treasurer, in conjunction with the department of transportation, may utilize and modify an existing system of the department of transportation or the department of treasury, or may purchase a new system. The state treasurer shall enter into a memorandum of understanding with the commissioner of transportation to share and exchange information to be maintained in the centralized system. The state treasurer is authorized to contract with third-party entities and individuals to obtain and maintain information in the centralized system. Added by 2022 Tenn. Acts, ch. 1004, s 1, eff. 5/5/2022.
The state treasurer, in conjunction with the department of transportation, shall develop, implement, and administer a centralized information system for the reporting of alleged dangerous conditions on state-maintained highways and the repair of the conditions. To fulfill the duties described in this section, the state treasurer, in conjunction with the department of transportation, may utilize and modify an existing system of the department of transportation or the department of treasury, or may purchase a new system. The state treasurer shall enter into a memorandum of understanding with the commissioner of transportation to share and exchange information to be maintained in the centralized system. The state treasurer is authorized to contract with third-party entities and individuals to obtain and maintain information in the centralized system.
Added by 2022 Tenn. Acts, ch. 1004, s 1, eff. 5/5/2022.
Tenn. Code Ann. § 9-21-1104 — TN Code / Title 9 / Chapter 21 / Section 9-21-1104
Interfund loans
Status: in_force

Local governments are hereby authorized to make interfund loans in accordance with procedures for issuance of notes under this part. Acts 2004, ch. 705, § 2.
Local governments are hereby authorized to make interfund loans in accordance with procedures for issuance of notes under this part.
Acts 2004, ch. 705, § 2.
Tenn. Code Ann. § 9-4-505 — TN Code / Title 9 / Chapter 4 / Section 9-4-505
Trustee custodians
Status: in_force

(a) Upon being designated as a qualified public depository, the qualified public depository shall select one (1) or more trustee custodians for the deposit of eligible collateral by the qualified public depository. (b) Designation of trustee custodians shall be made in accordance with § 9-4-108 . (c) Sections 9-4-408 and 9-4-409 shall apply to trustee custodians designated under this part. (d) Trustee custodians shall submit a report quarterly to the state treasurer providing a description of eligible collateral deposited by the qualified public depository and the current par value of eligible collateral, as well as other reasonable reports requested by the state treasurer. (e) Neither the state, the state treasurer, nor the collateral pool shall be liable to either the qualified public depository or the public depositors for eligible collateral deposited with or held by any trustee custodian for any loss arising from any breach of the trust or from any other cause whatsoever. Amended by 2021EX3 Tenn. Acts, ch. 2, s 3, eff. 11/12/2021. Acts 1990, ch. 1043, § 1.
(a) Upon being designated as a qualified public depository, the qualified public depository shall select one (1) or more trustee custodians for the deposit of eligible collateral by the qualified public depository.
(b) Designation of trustee custodians shall be made in accordance with § 9-4-108 .
(c) Sections 9-4-408 and 9-4-409 shall apply to trustee custodians designated under this part.
(d) Trustee custodians shall submit a report quarterly to the state treasurer providing a description of eligible collateral deposited by the qualified public depository and the current par value of eligible collateral, as well as other reasonable reports requested by the state treasurer.
(e) Neither the state, the state treasurer, nor the collateral pool shall be liable to either the qualified public depository or the public depositors for eligible collateral deposited with or held by any trustee custodian for any loss arising from any breach of the trust or from any other cause whatsoever.
Amended by 2021EX3 Tenn. Acts, ch. 2, s 3, eff. 11/12/2021.
Acts 1990, ch. 1043, § 1.
Tenn. Code Ann. § 9-3-205 — TN Code / Title 9 / Chapter 3 / Section 9-3-205
Audit of county highway commissions
Status: in_force

(a) The state and county auditors referred to by this part are required to audit the books and records of county highway commissions whenever they make an audit of other offices in the several counties of this state, but this does not apply to counties which have an auditing department or may hereafter have such department. (b) Such report setting forth the result of their audit of the county highway commissions shall be filed with the county mayor within a reasonable time after the same has been completed and is subject to public inspection as other public records. Acts 1945, ch. 159, § 1; C. Supp. 1950, § 1661.1 (Williams, § 1661.2); impl. am. Acts 1978, ch. 934, §§ 16, 36; T.C.A. (orig. ed.), §§ 9-306, 9-3-105; Acts 1985, ch. 118, § 8; 2003, ch. 90, § 2.
(a) The state and county auditors referred to by this part are required to audit the books and records of county highway commissions whenever they make an audit of other offices in the several counties of this state, but this does not apply to counties which have an auditing department or may hereafter have such department.
(b) Such report setting forth the result of their audit of the county highway commissions shall be filed with the county mayor within a reasonable time after the same has been completed and is subject to public inspection as other public records.
Acts 1945, ch. 159, § 1; C. Supp. 1950, § 1661.1 (Williams, § 1661.2); impl. am. Acts 1978, ch. 934, §§ 16, 36; T.C.A. (orig. ed.), §§ 9-306, 9-3-105; Acts 1985, ch. 118, § 8; 2003, ch. 90, § 2.
Tenn. Code Ann. § 9-21-608 — TN Code / Title 9 / Chapter 21 / Section 9-21-608
[Repealed]
Status: repealed

Repealed by 2021 Tenn. Acts, ch. 128,s 17, eff. 4/13/2021. Acts 1986, ch. 770, § 6-8; 1987, ch. 77, § 10; 1993, ch. 514, § 5; 2005, ch. 393, § 6; 2010, ch. 868, § 56.
Repealed by 2021 Tenn. Acts, ch. 128,s 17, eff. 4/13/2021.
Acts 1986, ch. 770, § 6-8; 1987, ch. 77, § 10; 1993, ch. 514, § 5; 2005, ch. 393, § 6; 2010, ch. 868, § 56.
Tenn. Code Ann. § 9-21-101 — TN Code / Title 9 / Chapter 21 / Section 9-21-101
Short title
Status: in_force

This chapter shall be known and may be cited as the "Local Government Public Obligations Act of 1986." Acts 1986, ch. 770, § 1-1.
This chapter shall be known and may be cited as the "Local Government Public Obligations Act of 1986."
Acts 1986, ch. 770, § 1-1.
Tenn. Code Ann. § 9-4-601 — TN Code / Title 9 / Chapter 4 / Section 9-4-601
Disbursements, investments and transfers of funds, generally
Status: in_force

(a) (1) No money shall be drawn from the state treasury except in accordance with appropriations duly authorized by law. Every disbursement from the state treasury, except as hereinafter provided, shall be upon the authorization of the commissioner of finance and administration, which authorization shall be in the form of a warrant, drawn in favor of the payee, and the warrant shall, upon being signed by the commissioner and delivered to the payee, become a draft on the treasury of the state. Electronic transfer of funds, in lieu of a warrant, may be utilized when such use is deemed by the commissioner and the state treasurer to be in the best interest of the state. When this method of disbursement is utilized, the commissioner shall authorize such transfer in writing, and the state treasurer shall accept such written advice in lieu of a warrant. (2) Notwithstanding title 66, chapter 29, warrants, drafts, and checks drawn on the state treasury that have not been redeemed within twelve (12) months of issue date shall be cancelled and written off the state's books, with the funds reverting to the fund of issue. Subsequent claims by the payee of said instruments shall be honored upon receipt of documentation to substantiate the claim. The commissioner of finance and administration and the state treasurer shall ensure the state's compliance with the unclaimed property law. (b) The commissioner may, with the approval of the state treasurer and the comptroller of the treasury, authorize warrants as set forth in subsection (a) to be issued on the commissioner's behalf by another state official or by a third party pursuant to contract with the state. In exercising discretion pursuant to this subsection (b), the commissioner shall set out in writing such commissioner's authorization and the limitations and restrictions upon that authorization. (c) All state money in any depository of the state government shall stand on the books of the depository to the credit of the state treasurer. Transfer of funds between depositories, in order to facilitate a concentration of funds for immediate investment, or payment of state obligations pursuant to subsection (a), shall be made by electronic transfer of funds or in accordance with such other procedures authorized by the state treasurer and approved by the commissioner and the comptroller of the treasury. (d) The state treasurer is specifically authorized to purchase investments which are otherwise authorized by law or by authority delegated to the state treasurer pursuant to § 9-4-602 by electronic transfer of funds or in accordance with such other procedures authorized by the state treasurer and approved by the commissioner and the comptroller of the treasury. (e) Whenever electronic transfer of funds is used for the purpose authorized by this section, such electronic funds transfer shall be made through the federal reserve system upon instructions of the state treasurer confirmed by written documentation, or by magnetic tape, disc or other medium designed for electronic communication. Copies of such written documentation or electronic communication shall be furnished immediately to the commissioner and shall contain a full description of the transaction in a form acceptable to the commissioner. Amended by 2013 Tenn. Acts, ch. 454,s 30, eff. 5/16/2013. Acts 1985, ch. 118, § 41; 1986, ch. 551, § 1.
(a) (1) No money shall be drawn from the state treasury except in accordance with appropriations duly authorized by law. Every disbursement from the state treasury, except as hereinafter provided, shall be upon the authorization of the commissioner of finance and administration, which authorization shall be in the form of a warrant, drawn in favor of the payee, and the warrant shall, upon being signed by the commissioner and delivered to the payee, become a draft on the treasury of the state. Electronic transfer of funds, in lieu of a warrant, may be utilized when such use is deemed by the commissioner and the state treasurer to be in the best interest of the state. When this method of disbursement is utilized, the commissioner shall authorize such transfer in writing, and the state treasurer shall accept such written advice in lieu of a warrant. (2) Notwithstanding title 66, chapter 29, warrants, drafts, and checks drawn on the state treasury that have not been redeemed within twelve (12) months of issue date shall be cancelled and written off the state's books, with the funds reverting to the fund of issue. Subsequent claims by the payee of said instruments shall be honored upon receipt of documentation to substantiate the claim. The commissioner of finance and administration and the state treasurer shall ensure the state's compliance with the unclaimed property law.
(1) No money shall be drawn from the state treasury except in accordance with appropriations duly authorized by law. Every disbursement from the state treasury, except as hereinafter provided, shall be upon the authorization of the commissioner of finance and administration, which authorization shall be in the form of a warrant, drawn in favor of the payee, and the warrant shall, upon being signed by the commissioner and delivered to the payee, become a draft on the treasury of the state. Electronic transfer of funds, in lieu of a warrant, may be utilized when such use is deemed by the commissioner and the state treasurer to be in the best interest of the state. When this method of disbursement is utilized, the commissioner shall authorize such transfer in writing, and the state treasurer shall accept such written advice in lieu of a warrant.
(2) Notwithstanding title 66, chapter 29, warrants, drafts, and checks drawn on the state treasury that have not been redeemed within twelve (12) months of issue date shall be cancelled and written off the state's books, with the funds reverting to the fund of issue. Subsequent claims by the payee of said instruments shall be honored upon receipt of documentation to substantiate the claim. The commissioner of finance and administration and the state treasurer shall ensure the state's compliance with the unclaimed property law.
(b) The commissioner may, with the approval of the state treasurer and the comptroller of the treasury, authorize warrants as set forth in subsection (a) to be issued on the commissioner's behalf by another state official or by a third party pursuant to contract with the state. In exercising discretion pursuant to this subsection (b), the commissioner shall set out in writing such commissioner's authorization and the limitations and restrictions upon that authorization.
(c) All state money in any depository of the state government shall stand on the books of the depository to the credit of the state treasurer. Transfer of funds between depositories, in order to facilitate a concentration of funds for immediate investment, or payment of state obligations pursuant to subsection (a), shall be made by electronic transfer of funds or in accordance with such other procedures authorized by the state treasurer and approved by the commissioner and the comptroller of the treasury.
(d) The state treasurer is specifically authorized to purchase investments which are otherwise authorized by law or by authority delegated to the state treasurer pursuant to § 9-4-602 by electronic transfer of funds or in accordance with such other procedures authorized by the state treasurer and approved by the commissioner and the comptroller of the treasury.
(e) Whenever electronic transfer of funds is used for the purpose authorized by this section, such electronic funds transfer shall be made through the federal reserve system upon instructions of the state treasurer confirmed by written documentation, or by magnetic tape, disc or other medium designed for electronic communication. Copies of such written documentation or electronic communication shall be furnished immediately to the commissioner and shall contain a full description of the transaction in a form acceptable to the commissioner.
Amended by 2013 Tenn. Acts, ch. 454,s 30, eff. 5/16/2013.
Acts 1985, ch. 118, § 41; 1986, ch. 551, § 1.
Tenn. Code Ann. § 9-22-106 — TN Code / Title 9 / Chapter 22 / Section 9-22-106
Enforcement of pledges or liens
Status: in_force

The manner in which the holder or holders of public obligations may enforce the pledge or lien created by an issuer with respect thereto shall be governed by Tennessee law authorizing the creation of such pledge or lien, and, subject to such provisions of Tennessee law, the terms of the official action authorizing such public obligations. Acts 2001, ch. 290, § 1.
The manner in which the holder or holders of public obligations may enforce the pledge or lien created by an issuer with respect thereto shall be governed by Tennessee law authorizing the creation of such pledge or lien, and, subject to such provisions of Tennessee law, the terms of the official action authorizing such public obligations.
Acts 2001, ch. 290, § 1.
Tenn. Code Ann. § 9-21-1004 — TN Code / Title 9 / Chapter 21 / Section 9-21-1004
Maximum amount of principal for which revenue refunding bonds may be issued
Status: in_force

The principal amount of any issue of revenue refunding bonds shall not exceed the sum of the following: (1) The principal amount of the outstanding obligations being refinanced; (2) The redemption premium, if any, thereon; (3) Unpaid interest on the outstanding obligations being refinanced to the date of delivery or exchange of the revenue refunding bonds; (4) The interest due and payable on such outstanding obligations, to and including the first or any subsequent available redemption date or dates selected, in its discretion, by the governing body of the local government, or to the date or dates of maturity, whichever shall be determined by the governing body of the local government to be most advantageous or necessary to the local government; (5) A reasonable reserve for the payment of principal of and interest on the revenue refunding bonds; and (6) Any expenses of the issuance and sale of the revenue refunding bonds, including bond discount, credit enhancement, engraving, printing, and advertising fees, and reasonable and necessary fees of financial and legal advisors, deemed by the governing body to be necessary for the issuance of the revenue refunding bonds. Acts 1986, ch. 770, § 10-4.
The principal amount of any issue of revenue refunding bonds shall not exceed the sum of the following:
(1) The principal amount of the outstanding obligations being refinanced;
(2) The redemption premium, if any, thereon;
(3) Unpaid interest on the outstanding obligations being refinanced to the date of delivery or exchange of the revenue refunding bonds;
(4) The interest due and payable on such outstanding obligations, to and including the first or any subsequent available redemption date or dates selected, in its discretion, by the governing body of the local government, or to the date or dates of maturity, whichever shall be determined by the governing body of the local government to be most advantageous or necessary to the local government;
(5) A reasonable reserve for the payment of principal of and interest on the revenue refunding bonds; and
(6) Any expenses of the issuance and sale of the revenue refunding bonds, including bond discount, credit enhancement, engraving, printing, and advertising fees, and reasonable and necessary fees of financial and legal advisors, deemed by the governing body to be necessary for the issuance of the revenue refunding bonds.
Acts 1986, ch. 770, § 10-4.
Tenn. Code Ann. § 9-8-101 — TN Code / Title 9 / Chapter 8 / Section 9-8-101
Board established - Membership - Chair - Claims not within jurisdiction
Status: in_force

(a) A board of claims whose membership is composed of the commissioner of human resources or such commissioner's designee, the commissioner of finance and administration or such commissioner's designee, the state treasurer or the state treasurer's designee, the comptroller of the treasury or the comptroller's designee, and the secretary of state or the secretary of state's designee is hereby established. (b) The state treasurer or the state treasurer's designee shall be the ex officio chair of the board of claims. (c) Claims arising after January 1, 1985, that do not fall within the jurisdiction of the claims commission may only be paid after approval by the principals of the board of claims. Acts 1945, ch. 73, § 1; C. Supp. 1950, § 1034.1 (Williams, § 1034.26); Acts 1951, ch. 39, § 1; impl. am. Acts 1959, ch. 9, §§ 3, 14; impl. am. Acts 1972, ch. 829, § 7; Acts 1979, ch. 184, § 1; T.C.A. (orig. ed.), § 9-801; Acts 1981, ch. 154, § 1; 1985, ch. 105, § 12; 1997, ch. 34, § 1.
(a) A board of claims whose membership is composed of the commissioner of human resources or such commissioner's designee, the commissioner of finance and administration or such commissioner's designee, the state treasurer or the state treasurer's designee, the comptroller of the treasury or the comptroller's designee, and the secretary of state or the secretary of state's designee is hereby established.
(b) The state treasurer or the state treasurer's designee shall be the ex officio chair of the board of claims.
(c) Claims arising after January 1, 1985, that do not fall within the jurisdiction of the claims commission may only be paid after approval by the principals of the board of claims.
Acts 1945, ch. 73, § 1; C. Supp. 1950, § 1034.1 (Williams, § 1034.26); Acts 1951, ch. 39, § 1; impl. am. Acts 1959, ch. 9, §§ 3, 14; impl. am. Acts 1972, ch. 829, § 7; Acts 1979, ch. 184, § 1; T.C.A. (orig. ed.), § 9-801; Acts 1981, ch. 154, § 1; 1985, ch. 105, § 12; 1997, ch. 34, § 1.
Tenn. Code Ann. § 9-4-5106 — TN Code / Title 9 / Chapter 4 / Section 9-4-5106
Form and contents of budget document - General appropriations bill
Status: in_force

(a) The budget document, presenting the financial plan of the state government for the next fiscal year, shall be set up in three (3) parts, the nature and contents of which are as follows: (1) (A) Part 1 shall consist of a budget message by the governor which shall outline the financial policy of the state government for the ensuing fiscal year, describing in connection therewith the important features of the financial plan; it shall also embrace a general budget summary setting forth the aggregate figures of the budget in such manner as to show the balances, relations between the total proposed expenditures and the total anticipated revenues, together with the other means of financing the budget for the next fiscal year, contrasted with the corresponding figures for the last completed fiscal year and for the fiscal year in progress. The general budget summary shall be supported by explanatory schedules or statements, classifying the expenditures contained therein by organization units, objects and funds and the income by organization units, sources, and funds; (B) Part 1 also shall include a schedule on tax exemptions, identifying, to the extent practicable, all exemptions from state taxes and estimating the amount of revenue which would be collected by the state in the ensuing fiscal year if the exemptions were not to exist. The schedule shall include an estimate for each such exemption. The estimates of such exemptions shall be based upon the revenue estimates included in the budget document; (2) Part 2 shall embrace the detailed budget estimates both of expenditures and revenues as provided in this chapter; it also shall include performance measures and standards required by § 9-4-5606 ; it shall also include a statement of the bonded indebtedness of the state government, showing the debt redemption requirements scheduled over the fiscal years until the final date of retirement, the net and gross debt of the state, and the condition of the sinking funds; in addition thereto, it shall contain any statements relative to the financial plan which the governor may deem desirable, or which may be required by the general assembly; and (3) Part 3 shall embrace complete drafts of the budget bills, that is, the legislative measures required to give legal sanction to the financial plan when adopted by the general assembly. These bills shall include an appropriation bill, authorizing, by spending agencies and by funds, all expenditures of the state government for the next fiscal year, and such other bills as may be required to provide the revenues necessary to finance the budget. The governor shall submit these bills for introduction in both houses of the general assembly no later than fourteen (14) days after the budget document is transmitted or by the general bill cut-off date in the respective houses, whichever is later. (b) The capital budget, to be included in part 2 of the budget document, shall contain funding for all capital outlay. Funding for all capital improvement projects of whatever amount and funding for each capital maintenance project of one million dollars ($1,000,000) or more shall be specified by project, by affected spending agency, and by funding sources, including state current funds, bonds, and other revenue. Funding for each capital maintenance project of less than one million dollars ($1,000,000) shall be specified in such detail in the budget document as the governor shall determine. Amended by 2013 Tenn. Acts, ch. 454,s 16, eff. 5/16/2013. Amended by 2013 Tenn. Acts, ch. 243,Secs.s6, s19, s20 eff. 4/19/2013. Acts 1937, ch. 33, § 18; C. Supp. 1950, § 255.18; Acts 1969, ch. 12, §§ 7-10; T.C.A. (orig. ed.), § 9-605; Acts 1992, ch. 896, § 3; 1993, ch. 66, § 12; T.C.A. § 9-6-106; Acts 2002, ch. 510, § 2; 2002, ch. 875, §§ 4, 7; 2012, ch. 1026, § 6.
(a) The budget document, presenting the financial plan of the state government for the next fiscal year, shall be set up in three (3) parts, the nature and contents of which are as follows: (1) (A) Part 1 shall consist of a budget message by the governor which shall outline the financial policy of the state government for the ensuing fiscal year, describing in connection therewith the important features of the financial plan; it shall also embrace a general budget summary setting forth the aggregate figures of the budget in such manner as to show the balances, relations between the total proposed expenditures and the total anticipated revenues, together with the other means of financing the budget for the next fiscal year, contrasted with the corresponding figures for the last completed fiscal year and for the fiscal year in progress. The general budget summary shall be supported by explanatory schedules or statements, classifying the expenditures contained therein by organization units, objects and funds and the income by organization units, sources, and funds; (B) Part 1 also shall include a schedule on tax exemptions, identifying, to the extent practicable, all exemptions from state taxes and estimating the amount of revenue which would be collected by the state in the ensuing fiscal year if the exemptions were not to exist. The schedule shall include an estimate for each such exemption. The estimates of such exemptions shall be based upon the revenue estimates included in the budget document; (2) Part 2 shall embrace the detailed budget estimates both of expenditures and revenues as provided in this chapter; it also shall include performance measures and standards required by § 9-4-5606 ; it shall also include a statement of the bonded indebtedness of the state government, showing the debt redemption requirements scheduled over the fiscal years until the final date of retirement, the net and gross debt of the state, and the condition of the sinking funds; in addition thereto, it shall contain any statements relative to the financial plan which the governor may deem desirable, or which may be required by the general assembly; and (3) Part 3 shall embrace complete drafts of the budget bills, that is, the legislative measures required to give legal sanction to the financial plan when adopted by the general assembly. These bills shall include an appropriation bill, authorizing, by spending agencies and by funds, all expenditures of the state government for the next fiscal year, and such other bills as may be required to provide the revenues necessary to finance the budget. The governor shall submit these bills for introduction in both houses of the general assembly no later than fourteen (14) days after the budget document is transmitted or by the general bill cut-off date in the respective houses, whichever is later.
(1) (A) Part 1 shall consist of a budget message by the governor which shall outline the financial policy of the state government for the ensuing fiscal year, describing in connection therewith the important features of the financial plan; it shall also embrace a general budget summary setting forth the aggregate figures of the budget in such manner as to show the balances, relations between the total proposed expenditures and the total anticipated revenues, together with the other means of financing the budget for the next fiscal year, contrasted with the corresponding figures for the last completed fiscal year and for the fiscal year in progress. The general budget summary shall be supported by explanatory schedules or statements, classifying the expenditures contained therein by organization units, objects and funds and the income by organization units, sources, and funds; (B) Part 1 also shall include a schedule on tax exemptions, identifying, to the extent practicable, all exemptions from state taxes and estimating the amount of revenue which would be collected by the state in the ensuing fiscal year if the exemptions were not to exist. The schedule shall include an estimate for each such exemption. The estimates of such exemptions shall be based upon the revenue estimates included in the budget document;
(A) Part 1 shall consist of a budget message by the governor which shall outline the financial policy of the state government for the ensuing fiscal year, describing in connection therewith the important features of the financial plan; it shall also embrace a general budget summary setting forth the aggregate figures of the budget in such manner as to show the balances, relations between the total proposed expenditures and the total anticipated revenues, together with the other means of financing the budget for the next fiscal year, contrasted with the corresponding figures for the last completed fiscal year and for the fiscal year in progress. The general budget summary shall be supported by explanatory schedules or statements, classifying the expenditures contained therein by organization units, objects and funds and the income by organization units, sources, and funds;
(B) Part 1 also shall include a schedule on tax exemptions, identifying, to the extent practicable, all exemptions from state taxes and estimating the amount of revenue which would be collected by the state in the ensuing fiscal year if the exemptions were not to exist. The schedule shall include an estimate for each such exemption. The estimates of such exemptions shall be based upon the revenue estimates included in the budget document;
(2) Part 2 shall embrace the detailed budget estimates both of expenditures and revenues as provided in this chapter; it also shall include performance measures and standards required by § 9-4-5606 ; it shall also include a statement of the bonded indebtedness of the state government, showing the debt redemption requirements scheduled over the fiscal years until the final date of retirement, the net and gross debt of the state, and the condition of the sinking funds; in addition thereto, it shall contain any statements relative to the financial plan which the governor may deem desirable, or which may be required by the general assembly; and
(3) Part 3 shall embrace complete drafts of the budget bills, that is, the legislative measures required to give legal sanction to the financial plan when adopted by the general assembly. These bills shall include an appropriation bill, authorizing, by spending agencies and by funds, all expenditures of the state government for the next fiscal year, and such other bills as may be required to provide the revenues necessary to finance the budget. The governor shall submit these bills for introduction in both houses of the general assembly no later than fourteen (14) days after the budget document is transmitted or by the general bill cut-off date in the respective houses, whichever is later.
(b) The capital budget, to be included in part 2 of the budget document, shall contain funding for all capital outlay. Funding for all capital improvement projects of whatever amount and funding for each capital maintenance project of one million dollars ($1,000,000) or more shall be specified by project, by affected spending agency, and by funding sources, including state current funds, bonds, and other revenue. Funding for each capital maintenance project of less than one million dollars ($1,000,000) shall be specified in such detail in the budget document as the governor shall determine.
Amended by 2013 Tenn. Acts, ch. 454,s 16, eff. 5/16/2013.
Amended by 2013 Tenn. Acts, ch. 243,Secs.s6, s19, s20 eff. 4/19/2013.
Acts 1937, ch. 33, § 18; C. Supp. 1950, § 255.18; Acts 1969, ch. 12, §§ 7-10; T.C.A. (orig. ed.), § 9-605; Acts 1992, ch. 896, § 3; 1993, ch. 66, § 12; T.C.A. § 9-6-106; Acts 2002, ch. 510, § 2; 2002, ch. 875, §§ 4, 7; 2012, ch. 1026, § 6.
Tenn. Code Ann. § 9-11-107 — TN Code / Title 9 / Chapter 11 / Section 9-11-107
Resolution for issuance of bonds
Status: in_force

(a) At any time after the passage of the bond order, the governing body of a unit shall have full authority by resolution to provide for the issuance of the bonds authorized by such bond order. Such resolution providing for the issuance of the bonds may be introduced and finally passed at any regular or duly called special meeting of the governing body and shall be in force and effect from and after its passage. (b) The governing body shall by resolution determine the rate or rates of interest to be paid on the bonds, and the time or times of payment of such interest, and the maturity or maturities of the bonds, which shall be at a time or times not exceeding twenty (20) years from the date of the bonds in the case of funding bonds, and not exceeding thirty (30) years from the date of bonds in the case of refunding bonds; provided, that with the approval of the comptroller of the treasury or the comptroller's designee, funding bonds may be made to mature at any time or times not exceeding thirty (30) years from the date of the bonds and refunding bonds may be made to mature at any time or times not exceeding forty (40) years from the date of the bonds. (c) The governing body shall also by resolution determine the form of the bonds, the officers by whom they shall be executed and the place or places in Tennessee or in any other state at which the principal and interest shall be payable. (d) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of such bonds, such signatures shall nevertheless be valid and sufficient for all purposes, the same as if they had remained in office until such delivery. (e) The bonds may be made registrable as to principal alone and as to both principal and interest, under such terms and conditions as may be determined by the governing body, and provisions may be made for the exchange of fully registered bonds for coupon bonds and of coupon bonds for fully registered bonds. Acts 1937, ch. 300, § 8; C. Supp. 1950, § 3516.18; Acts 1969, ch. 283, § 3; T.C.A. (orig. ed.), §9-1107; Acts 2010 , ch. 868, § 31.
(a) At any time after the passage of the bond order, the governing body of a unit shall have full authority by resolution to provide for the issuance of the bonds authorized by such bond order. Such resolution providing for the issuance of the bonds may be introduced and finally passed at any regular or duly called special meeting of the governing body and shall be in force and effect from and after its passage.
(b) The governing body shall by resolution determine the rate or rates of interest to be paid on the bonds, and the time or times of payment of such interest, and the maturity or maturities of the bonds, which shall be at a time or times not exceeding twenty (20) years from the date of the bonds in the case of funding bonds, and not exceeding thirty (30) years from the date of bonds in the case of refunding bonds; provided, that with the approval of the comptroller of the treasury or the comptroller's designee, funding bonds may be made to mature at any time or times not exceeding thirty (30) years from the date of the bonds and refunding bonds may be made to mature at any time or times not exceeding forty (40) years from the date of the bonds.
(c) The governing body shall also by resolution determine the form of the bonds, the officers by whom they shall be executed and the place or places in Tennessee or in any other state at which the principal and interest shall be payable.
(d) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of such bonds, such signatures shall nevertheless be valid and sufficient for all purposes, the same as if they had remained in office until such delivery.
(e) The bonds may be made registrable as to principal alone and as to both principal and interest, under such terms and conditions as may be determined by the governing body, and provisions may be made for the exchange of fully registered bonds for coupon bonds and of coupon bonds for fully registered bonds.
Acts 1937, ch. 300, § 8; C. Supp. 1950, § 3516.18; Acts 1969, ch. 283, § 3; T.C.A. (orig. ed.), §9-1107; Acts 2010 , ch. 868, § 31.
Tenn. Code Ann. § 9-8-407 — TN Code / Title 9 / Chapter 8 / Section 9-8-407
Actions against third parties for reimbursement
Status: in_force

(a) Whenever the acts or omissions of a third party are the proximate cause of an incident giving rise to a claim against the state for which the state has, pursuant to this chapter, compensated the person injured or damaged by the acts or omissions of such third party, the state of Tennessee may institute an action against such third party for the recovery of the whole or any specified part of the amount paid by the state in the appropriate court in Tennessee, or in the federal, state or district court in which such third party resides. (b) As a condition for the settlement of a claim filed under this chapter in which a third party may be liable, the state treasurer, exercising the settlement authority delegated to the state treasurer pursuant to § 9-8-405 , shall require the claimant to agree, by such form as the attorney general and reporter may direct, to cooperate fully with appropriate officials of the state should the state proceed to institute an action against a third party to recover the whole or any specified part of the amount paid by the state. Should the claimant fail to cooperate with the state in accordance with such agreement, the state shall have the right to recover any amounts paid by the state to the claimant. In awarding compensation, the claims commission shall include a requirement that the claimant execute an agreement with the state to cooperate with the state in an action against a liable third party in accordance with this section, unless the commission finds that the facts in such claim dictate that such an agreement should not be required. (c) Should any claimant choose to exercise such claimant's right to recover damages in civil court for injury or damages, such claimant shall notify the attorney general and reporter of the institution of such a lawsuit by serving the attorney general and reporter through the United States mail with a copy of the complaint, all subsequent pleadings and a copy of the final judgment in order to give the state notice of the existence of such an action so that the state may pursue its subrogated interest. Acts 1986, ch. 626, § 10.
(a) Whenever the acts or omissions of a third party are the proximate cause of an incident giving rise to a claim against the state for which the state has, pursuant to this chapter, compensated the person injured or damaged by the acts or omissions of such third party, the state of Tennessee may institute an action against such third party for the recovery of the whole or any specified part of the amount paid by the state in the appropriate court in Tennessee, or in the federal, state or district court in which such third party resides.
(b) As a condition for the settlement of a claim filed under this chapter in which a third party may be liable, the state treasurer, exercising the settlement authority delegated to the state treasurer pursuant to § 9-8-405 , shall require the claimant to agree, by such form as the attorney general and reporter may direct, to cooperate fully with appropriate officials of the state should the state proceed to institute an action against a third party to recover the whole or any specified part of the amount paid by the state. Should the claimant fail to cooperate with the state in accordance with such agreement, the state shall have the right to recover any amounts paid by the state to the claimant. In awarding compensation, the claims commission shall include a requirement that the claimant execute an agreement with the state to cooperate with the state in an action against a liable third party in accordance with this section, unless the commission finds that the facts in such claim dictate that such an agreement should not be required.
(c) Should any claimant choose to exercise such claimant's right to recover damages in civil court for injury or damages, such claimant shall notify the attorney general and reporter of the institution of such a lawsuit by serving the attorney general and reporter through the United States mail with a copy of the complaint, all subsequent pleadings and a copy of the final judgment in order to give the state notice of the existence of such an action so that the state may pursue its subrogated interest.
Acts 1986, ch. 626, § 10.
Tenn. Code Ann. § 9-4-5403 — TN Code / Title 9 / Chapter 4 / Section 9-4-5403
Considerations in block grants and federal devolution
Status: in_force

To the greatest extent practicable and as permitted by law, each state agency shall make block grant and federal devolution decisions based on the following principles: (1) Minimizing harmful impacts on current programs, current and potential recipients of assistance, local governments, nonprofit agencies and the state economy; (2) Ensuring formal and informal participation of concerned citizens, regulated industry or other entities, environmental groups, religious organizations, nonprofit agencies and service providers and their clients/customers and board members and local government officials in proposed reorganizations and new priority decisions, so that their experience may be used creatively by state decision makers; and (3) Providing the above-referenced groups and categories of citizens with full and prompt access to information on new policy and funding and program organization related to block grants and federal devolution of authority. Acts 1996, ch. 1062, § 3; T.C.A. § 9-6-403.
To the greatest extent practicable and as permitted by law, each state agency shall make block grant and federal devolution decisions based on the following principles:
(1) Minimizing harmful impacts on current programs, current and potential recipients of assistance, local governments, nonprofit agencies and the state economy;
(2) Ensuring formal and informal participation of concerned citizens, regulated industry or other entities, environmental groups, religious organizations, nonprofit agencies and service providers and their clients/customers and board members and local government officials in proposed reorganizations and new priority decisions, so that their experience may be used creatively by state decision makers; and
(3) Providing the above-referenced groups and categories of citizens with full and prompt access to information on new policy and funding and program organization related to block grants and federal devolution of authority.
Acts 1996, ch. 1062, § 3; T.C.A. § 9-6-403.
Tenn. Code Ann. § 9-3-207 — TN Code / Title 9 / Chapter 3 / Section 9-3-207
Summons of witnesses - Documents furnished - Bond of auditors
Status: in_force

(a) These auditors shall also have the right to summon and examine witnesses and to administer the oaths to such witnesses in making any investigation of the records and reports of any such county officials; and also for the purpose of ascertaining and determining and reporting the amount of delinquent or unpaid or unassessed privilege and ad valorem taxes and inheritance and succession taxes. (b) The comptroller of the treasury and commissioner of revenue shall furnish these auditors with such reports, documents, data, or other information, as will facilitate their investigation. Acts 1923, ch. 109, § 5; Shan. Supp., § 948a15; Code 1932, § 1659; impl. am. Acts 1959, ch. 9, § 14; Acts 1977, ch. 103, § 5; T.C.A. (orig. ed.), §§ 9-308, 9-3-107; Acts 1985, ch. 118, § 8.
(a) These auditors shall also have the right to summon and examine witnesses and to administer the oaths to such witnesses in making any investigation of the records and reports of any such county officials; and also for the purpose of ascertaining and determining and reporting the amount of delinquent or unpaid or unassessed privilege and ad valorem taxes and inheritance and succession taxes.
(b) The comptroller of the treasury and commissioner of revenue shall furnish these auditors with such reports, documents, data, or other information, as will facilitate their investigation.
Acts 1923, ch. 109, § 5; Shan. Supp., § 948a15; Code 1932, § 1659; impl. am. Acts 1959, ch. 9, § 14; Acts 1977, ch. 103, § 5; T.C.A. (orig. ed.), §§ 9-308, 9-3-107; Acts 1985, ch. 118, § 8.
Tenn. Code Ann. § 9-21-313 — TN Code / Title 9 / Chapter 21 / Section 9-21-313
Duties of receiver
Status: in_force

It is the duty of a receiver to: (1) Immediately, either directly or through agents and attorneys, enter and take possession of each and every part of the public works project; (2) Have, hold, use, operate, manage and control the public works project in the name of the local government or otherwise, as the receiver may deem best; (3) Exercise all the rights and powers of the local government with respect to the public works project which the local government itself might exercise; (4) Maintain, restore, insure and keep insured the public works project and from time to time shall make all necessary or proper repairs as the receiver may deem expedient; (5) Establish, levy, maintain and collect such fees, tolls, rentals, and other charges in connection with the public works project as the receiver may, subject to approval of the court, deem necessary or proper and reasonable; and (6) Deposit the revenues in a separate account and apply the revenues so collected and received in such manner as the court shall direct. Acts 1986, ch. 770, § 3-13.
It is the duty of a receiver to:
(1) Immediately, either directly or through agents and attorneys, enter and take possession of each and every part of the public works project;
(2) Have, hold, use, operate, manage and control the public works project in the name of the local government or otherwise, as the receiver may deem best;
(3) Exercise all the rights and powers of the local government with respect to the public works project which the local government itself might exercise;
(4) Maintain, restore, insure and keep insured the public works project and from time to time shall make all necessary or proper repairs as the receiver may deem expedient;
(5) Establish, levy, maintain and collect such fees, tolls, rentals, and other charges in connection with the public works project as the receiver may, subject to approval of the court, deem necessary or proper and reasonable; and
(6) Deposit the revenues in a separate account and apply the revenues so collected and received in such manner as the court shall direct.
Acts 1986, ch. 770, § 3-13.
Tenn. Code Ann. § 9-4-214 — TN Code / Title 9 / Chapter 4 / Section 9-4-214
Victims of human trafficking fund
Status: in_force

(a) There is created a fund within the state treasury, to be known as the "victims of human trafficking fund." The fund consists of grants, appropriations by the general assembly, and any federal funds, to the extent permitted by federal law and regulation. Moneys deposited in the fund must be invested for the benefit of the fund pursuant to § 9-4-603 . Moneys in the fund must not revert to the general fund, but must remain available to be used by the department of finance and administration's office of criminal justice programs exclusively for the purpose specified in subsection (b). The commissioner of the department of finance and administration has the authority to promulgate rules in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, in order to ensure the funds are received and expended for the purposes consistent with subsection (b). (b) The purpose of the victims of human trafficking fund is to provide specialized comprehensive treatment and support services to the victims of human trafficking offenses, as defined in § 39-13-314 . Specialized comprehensive treatment and support services for victims of human trafficking include, but are not limited to, medical care, mental health and substance abuse care, nutritional counseling, safe housing, job training, transportation, and other basic human needs. The department of finance and administration's office of criminal justice programs shall distribute moneys in the fund in the form of grants to agencies that provide specialized comprehensive treatment and support services for the victims of human trafficking. It is the legislative intent that priority for funding be directed to the single point of contact agencies in this state recognized by the Tennessee bureau of investigation and the department of children's services. Added by 2019 Tenn. Acts, ch. 356,s 1, eff. 7/1/2019.
(a) There is created a fund within the state treasury, to be known as the "victims of human trafficking fund." The fund consists of grants, appropriations by the general assembly, and any federal funds, to the extent permitted by federal law and regulation. Moneys deposited in the fund must be invested for the benefit of the fund pursuant to § 9-4-603 . Moneys in the fund must not revert to the general fund, but must remain available to be used by the department of finance and administration's office of criminal justice programs exclusively for the purpose specified in subsection (b). The commissioner of the department of finance and administration has the authority to promulgate rules in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, in order to ensure the funds are received and expended for the purposes consistent with subsection (b).
(b) The purpose of the victims of human trafficking fund is to provide specialized comprehensive treatment and support services to the victims of human trafficking offenses, as defined in § 39-13-314 . Specialized comprehensive treatment and support services for victims of human trafficking include, but are not limited to, medical care, mental health and substance abuse care, nutritional counseling, safe housing, job training, transportation, and other basic human needs. The department of finance and administration's office of criminal justice programs shall distribute moneys in the fund in the form of grants to agencies that provide specialized comprehensive treatment and support services for the victims of human trafficking. It is the legislative intent that priority for funding be directed to the single point of contact agencies in this state recognized by the Tennessee bureau of investigation and the department of children's services.
Added by 2019 Tenn. Acts, ch. 356,s 1, eff. 7/1/2019.
Tenn. Code Ann. § 9-4-809 — TN Code / Title 9 / Chapter 4 / Section 9-4-809
[Repealed]
Status: repealed

Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017. Acts 1985, ch. 118, § 61.
Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017.
Acts 1985, ch. 118, § 61.
Tenn. Code Ann. § 9-4-513 — TN Code / Title 9 / Chapter 4 / Section 9-4-513
Notice to claimants
Status: in_force

(a) Within thirty (30) days after the date of default or insolvency of a qualified public depository, the state treasurer shall publish or cause to be published notice of such default or insolvency once a week for two (2) consecutive weeks in a newspaper of general circulation in each grand division and in the Tennessee Administrative Register. The notice shall direct all public depositors who sustained a loss occasioned by the default or insolvency that was not satisfied pursuant to § 9-4-512 to file their claims with the state treasurer within ninety (90) days after the date of the first publication of the notice. (b) No claim made pursuant to subsection (a) shall be binding on the pool or the qualified public depositories unless presented within ninety (90) days after the date of the first publication of the notice. Further, no such claim shall be binding on the pool or the qualified public depositories if the loss was occasioned by the public depositor's failure to comply with the requirements of § 9-4-519(a)(1) . This subsection (b) does not affect any proceeding to: (1) Enforce any real property mortgage, chattel mortgage, security interest, or other lien on property of a qualified public depository that is in default or insolvency; or (2) Establish liability of a qualified public depository that is in default or insolvency to the limits of any federal or other casualty insurance protection. Acts 1990, ch. 1043, § 1; 1997, ch. 217, § 18.
(a) Within thirty (30) days after the date of default or insolvency of a qualified public depository, the state treasurer shall publish or cause to be published notice of such default or insolvency once a week for two (2) consecutive weeks in a newspaper of general circulation in each grand division and in the Tennessee Administrative Register. The notice shall direct all public depositors who sustained a loss occasioned by the default or insolvency that was not satisfied pursuant to § 9-4-512 to file their claims with the state treasurer within ninety (90) days after the date of the first publication of the notice.
(b) No claim made pursuant to subsection (a) shall be binding on the pool or the qualified public depositories unless presented within ninety (90) days after the date of the first publication of the notice. Further, no such claim shall be binding on the pool or the qualified public depositories if the loss was occasioned by the public depositor's failure to comply with the requirements of § 9-4-519(a)(1) . This subsection (b) does not affect any proceeding to: (1) Enforce any real property mortgage, chattel mortgage, security interest, or other lien on property of a qualified public depository that is in default or insolvency; or (2) Establish liability of a qualified public depository that is in default or insolvency to the limits of any federal or other casualty insurance protection.
(1) Enforce any real property mortgage, chattel mortgage, security interest, or other lien on property of a qualified public depository that is in default or insolvency; or
(2) Establish liability of a qualified public depository that is in default or insolvency to the limits of any federal or other casualty insurance protection.
Acts 1990, ch. 1043, § 1; 1997, ch. 217, § 18.
Tenn. Code Ann. § 9-4-805 — TN Code / Title 9 / Chapter 4 / Section 9-4-805
[Repealed]
Status: repealed

Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017. Acts 1985, ch. 118, § 57.
Repealed by 2017 Tenn. Acts, ch. 65, s 3, eff. 3/31/2017.
Acts 1985, ch. 118, § 57.
Tenn. Code Ann. § 9-11-102 — TN Code / Title 9 / Chapter 11 / Section 9-11-102
Chapter definitions
Status: in_force

As used in this chapter, unless the context otherwise requires: (1) "Bond order," as applied to a city, means the ordinance authorizing the issuance of bonds of the city, and, as applied to a county, means the order of resolution authorizing the issuance of bonds of the county; (2) "Clerk" means the officer acting as clerk of the governing body; (3) "Funding bonds" means bonds issued to pay or to extend the time of payment of debt not evidenced by bonds; (4) "Governing body," as applied to a county, means the county legislative body, and, as applied to a city, means the city council, board of commissioners, board of mayor and aldermen or the board or body in which the general legislative powers of the city are vested; (5) "Refunding bonds" means bonds issued to pay or to extend the time of payment of debts evidenced by bonds; and (6) "Unit" includes each county and city in the state, which shall issue bonds under this chapter. Acts 1937, ch. 300, § 2; C. Supp. 1950, § 3516.12; impl. am. Acts 1959, ch. 9, § 8; impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A. (orig. ed.), §9-1102; Acts 2010 , ch. 868, § 30.
As used in this chapter, unless the context otherwise requires:
(1) "Bond order," as applied to a city, means the ordinance authorizing the issuance of bonds of the city, and, as applied to a county, means the order of resolution authorizing the issuance of bonds of the county;
(2) "Clerk" means the officer acting as clerk of the governing body;
(3) "Funding bonds" means bonds issued to pay or to extend the time of payment of debt not evidenced by bonds;
(4) "Governing body," as applied to a county, means the county legislative body, and, as applied to a city, means the city council, board of commissioners, board of mayor and aldermen or the board or body in which the general legislative powers of the city are vested;
(5) "Refunding bonds" means bonds issued to pay or to extend the time of payment of debts evidenced by bonds; and
(6) "Unit" includes each county and city in the state, which shall issue bonds under this chapter.
Acts 1937, ch. 300, § 2; C. Supp. 1950, § 3516.12; impl. am. Acts 1959, ch. 9, § 8; impl. am. Acts 1978, ch. 934, §§ 7, 36; T.C.A. (orig. ed.), §9-1102; Acts 2010 , ch. 868, § 30.
Tenn. Code Ann. § 9-2-138 — TN Code / Title 9 / Chapter 2 / Section 9-2-138
Reconciliation of county fund accounts with trustee's records - Monthly and quarterly reports
Status: in_force

(a) The administrative officers and employees shall reconcile their respective fund accounts with the records of the county trustee, and shall make a report at the end of each month showing the condition of the respective fund accounts. As to each fund, the report shall include the balance at the beginning of the month, receipts and expenditures for the month, and the balance at the end of the month. The monthly reports shall also include a reconciliation of the trustee's balances with the balances of the department, office, board, commission or agency. The reports shall be retained in the permanent files of the department, office, board, commission or agency. (b) At the end of each quarter, the officers charged herein with making monthly reports shall prepare a quarterly report summarizing the monthly reports of that quarter, and a copy of the same shall be filed with the county fiscal agent. Acts 1957, ch. 355, § 2; T.C.A., § 9-238.
(a) The administrative officers and employees shall reconcile their respective fund accounts with the records of the county trustee, and shall make a report at the end of each month showing the condition of the respective fund accounts. As to each fund, the report shall include the balance at the beginning of the month, receipts and expenditures for the month, and the balance at the end of the month. The monthly reports shall also include a reconciliation of the trustee's balances with the balances of the department, office, board, commission or agency. The reports shall be retained in the permanent files of the department, office, board, commission or agency.
(b) At the end of each quarter, the officers charged herein with making monthly reports shall prepare a quarterly report summarizing the monthly reports of that quarter, and a copy of the same shall be filed with the county fiscal agent.
Acts 1957, ch. 355, § 2; T.C.A., § 9-238.
Tenn. Code Ann. § 9-8-201 — TN Code / Title 9 / Chapter 8 / Section 9-8-201
Short title
Status: in_force

This part shall be known and may be cited as "The Educator Protection Act of 2015." Acts 2015, ch. 493, § 1.
This part shall be known and may be cited as "The Educator Protection Act of 2015."
Acts 2015, ch. 493, § 1.
Tenn. Code Ann. § 9-4-5604 — TN Code / Title 9 / Chapter 4 / Section 9-4-5604
Part definitions
Status: in_force

As used in this part, unless the context otherwise requires: (1) "Agency" or "state agency" means any unit organization of the executive department, including any official, department, board, commission, division, bureau, section, district, office, authority, committee, or council or any other unit of state government, however designated, including, without limitation, higher education. For purposes of this part, "agency" or "state agency" shall not include the governor's office, the judicial department, the comptroller of the treasury state treasurer, secretary of state, attorney general and reporter or the legislative department. For purposes of this part, "judicial department" means the court system, district attorneys general conference, district public defenders conference, and the office of post-conviction defender; (2) "Baseline data" means indicators of a state agency's current performance level, pursuant to guidelines established by the commissioner of finance and administration; (3) "Commissioner" means the commissioner of finance and administration; (4) "Outcome" means an indicator of the actual impact or public benefit of a program; (5) "Output" means the actual service or product delivered by a state agency; (6) "Performance measure" means a quantitative or qualitative indicator used to assess state agency performance, including outcome and output indicators; (7) "Program" means a set of activities undertaken in accordance with a plan of action organized to realize identifiable goals and objectives. These activities are chosen by the department of finance and administration in consultation with the agency or state agency to be measured in order to support the overall goals and objectives of the department; and (8) "Standard" means the desired level of performance of a program, measured by outcome or output. Amended by 2013 Tenn. Acts, ch. 243,s 10, eff. 4/19/2013. Acts 2002, ch. 875, § 1.
As used in this part, unless the context otherwise requires:
(1) "Agency" or "state agency" means any unit organization of the executive department, including any official, department, board, commission, division, bureau, section, district, office, authority, committee, or council or any other unit of state government, however designated, including, without limitation, higher education. For purposes of this part, "agency" or "state agency" shall not include the governor's office, the judicial department, the comptroller of the treasury state treasurer, secretary of state, attorney general and reporter or the legislative department. For purposes of this part, "judicial department" means the court system, district attorneys general conference, district public defenders conference, and the office of post-conviction defender;
(2) "Baseline data" means indicators of a state agency's current performance level, pursuant to guidelines established by the commissioner of finance and administration;
(3) "Commissioner" means the commissioner of finance and administration;
(4) "Outcome" means an indicator of the actual impact or public benefit of a program;
(5) "Output" means the actual service or product delivered by a state agency;
(6) "Performance measure" means a quantitative or qualitative indicator used to assess state agency performance, including outcome and output indicators;
(7) "Program" means a set of activities undertaken in accordance with a plan of action organized to realize identifiable goals and objectives. These activities are chosen by the department of finance and administration in consultation with the agency or state agency to be measured in order to support the overall goals and objectives of the department; and
(8) "Standard" means the desired level of performance of a program, measured by outcome or output.
Amended by 2013 Tenn. Acts, ch. 243,s 10, eff. 4/19/2013.
Acts 2002, ch. 875, § 1.
Tenn. Code Ann. § 9-4-5111 — TN Code / Title 9 / Chapter 4 / Section 9-4-5111
Reserve allotment
Status: in_force

(a) In order to provide some degree of flexibility to meet emergencies arising during each fiscal year in the expenditures for operation and maintenance of the various departments, offices and agencies of state government, the commissioner of finance and administration, with the approval of the governor, may require the head of each department, office, or agency, in making the original allotments, to set aside a reserve, the exact amount of which shall be determined by the commissioner of finance and administration, of the total amount appropriated to the department, office, or agency. (b) At any time during the fiscal year, this reserve or any portion of it may be returned to the appropriation to which it belongs and may be added to any one (1) or more of the allotments; provided, that the commissioner deems such action necessary, and any unused portion thereof shall remain at the end of the fiscal year as an unexpended balance of appropriation. Any unexpended and unencumbered balance of allotments at the end of each quarter shall be credited to the reserve set up for the fiscal year. (c) During fiscal year 2020-2021, before requiring each head to set aside a reserve pursuant to subsection (a) or otherwise reserving allotments pursuant to this section, the commissioner of finance and administration shall submit written notice of the proposed reserve allotment to the speakers of the senate and the house of representatives and to the chairs of the finance, ways and means committees of the senate and house of representatives. No such allotments shall be reserved until the speakers and chairs have acknowledged in writing receipt of such written notice. When submitted, a copy of the notice shall be provided to the fiscal review committee executive director and the office of legislative budget analysis directors for information purposes. A proposed reserve allotment shall not be acknowledged by the chairs during a time that the general assembly is in regular, annual session until each finance, ways and means committee has held a hearing on the proposed allotment, or the committees have held a joint hearing. Amended by 2020 Tenn. Acts, ch. 759, s 14, eff. 6/30/2020. Acts 1937, ch. 33, § 22; C. Supp. 1950, § 255.22; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; T.C.A. (orig. ed.), § 9-609; T.C.A. § 9-6-111.
(a) In order to provide some degree of flexibility to meet emergencies arising during each fiscal year in the expenditures for operation and maintenance of the various departments, offices and agencies of state government, the commissioner of finance and administration, with the approval of the governor, may require the head of each department, office, or agency, in making the original allotments, to set aside a reserve, the exact amount of which shall be determined by the commissioner of finance and administration, of the total amount appropriated to the department, office, or agency.
(b) At any time during the fiscal year, this reserve or any portion of it may be returned to the appropriation to which it belongs and may be added to any one (1) or more of the allotments; provided, that the commissioner deems such action necessary, and any unused portion thereof shall remain at the end of the fiscal year as an unexpended balance of appropriation. Any unexpended and unencumbered balance of allotments at the end of each quarter shall be credited to the reserve set up for the fiscal year.
(c) During fiscal year 2020-2021, before requiring each head to set aside a reserve pursuant to subsection (a) or otherwise reserving allotments pursuant to this section, the commissioner of finance and administration shall submit written notice of the proposed reserve allotment to the speakers of the senate and the house of representatives and to the chairs of the finance, ways and means committees of the senate and house of representatives. No such allotments shall be reserved until the speakers and chairs have acknowledged in writing receipt of such written notice. When submitted, a copy of the notice shall be provided to the fiscal review committee executive director and the office of legislative budget analysis directors for information purposes. A proposed reserve allotment shall not be acknowledged by the chairs during a time that the general assembly is in regular, annual session until each finance, ways and means committee has held a hearing on the proposed allotment, or the committees have held a joint hearing.
Amended by 2020 Tenn. Acts, ch. 759, s 14, eff. 6/30/2020.
Acts 1937, ch. 33, § 22; C. Supp. 1950, § 255.22; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1961, ch. 97, § 3; T.C.A. (orig. ed.), § 9-609; T.C.A. § 9-6-111.
Tenn. Code Ann. § 9-21-909 — TN Code / Title 9 / Chapter 21 / Section 9-21-909
Installment sales and exchanges
Status: in_force

General obligation refunding bonds may be sold or exchanged in installments at different times or an entire issue or series may be sold or exchanged at one (1) time. Any issue or series of general obligation refunding bonds may be exchanged in part or sold in part in installments at different times or at one (1) time. The general obligation refunding bonds may be sold or exchanged at any time on, before, or after the maturity of any of the outstanding obligations to be refunded. Acts 1986, ch. 770, § 9-9.
General obligation refunding bonds may be sold or exchanged in installments at different times or an entire issue or series may be sold or exchanged at one (1) time. Any issue or series of general obligation refunding bonds may be exchanged in part or sold in part in installments at different times or at one (1) time. The general obligation refunding bonds may be sold or exchanged at any time on, before, or after the maturity of any of the outstanding obligations to be refunded.
Acts 1986, ch. 770, § 9-9.
Tenn. Code Ann. § 9-4-5101 — TN Code / Title 9 / Chapter 4 / Section 9-4-5101
Items set forth in budget
Status: in_force

(a) The budget of the state government shall present a complete financial plan for the ensuing fiscal year, which plan shall set forth all proposed expenditures for the administration, operation, and maintenance of the several departments, institutions, offices and agencies of the state government, the interest and debt redemption charges during the fiscal year. (b) The budget shall also present proposals for capital projects to be undertaken or completed during the ensuing year, and the means of financing such projects. (c) In addition thereto, the budget shall set forth the anticipated revenues of the state government and any other means of financing the expenditures proposed for the ensuing fiscal year. Amended by 2013 Tenn. Acts, ch. 243,s 3, eff. 4/19/2013. Acts 1937, ch. 33, § 17; C. Supp. 1950, § 255.17; Acts 1969, ch. 12, § 1; 1970, ch. 434, § 1; T.C.A. (orig. ed.), § 9-601; T.C.A., § 9-6-101; Acts 2002, ch. 510, § 1.
(a) The budget of the state government shall present a complete financial plan for the ensuing fiscal year, which plan shall set forth all proposed expenditures for the administration, operation, and maintenance of the several departments, institutions, offices and agencies of the state government, the interest and debt redemption charges during the fiscal year.
(b) The budget shall also present proposals for capital projects to be undertaken or completed during the ensuing year, and the means of financing such projects.
(c) In addition thereto, the budget shall set forth the anticipated revenues of the state government and any other means of financing the expenditures proposed for the ensuing fiscal year.
Amended by 2013 Tenn. Acts, ch. 243,s 3, eff. 4/19/2013.
Acts 1937, ch. 33, § 17; C. Supp. 1950, § 255.17; Acts 1969, ch. 12, § 1; 1970, ch. 434, § 1; T.C.A. (orig. ed.), § 9-601; T.C.A., § 9-6-101; Acts 2002, ch. 510, § 1.