reglab/housing_qa huggingface dataset:
TN Code § 9-4-701 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-701. Purpose and Findings

 The purpose of this part is to enable public entities in Tennessee to participate together in providing maximum opportunities for the investment of idle public funds. The general assembly finds and declares that the public interest is satisfied by providing maximum investment of idle funds, thereby reducing the need for imposing additional taxes.
TN Code § 9-4-702 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-702. Creation

 A local government investment pool is hereby created consisting of the aggregate of all funds from local governments that are placed in the custody of the state treasurer or the agents of the state treasurer for investment, reinvestment and the administration of the fund.
TN Code § 9-4-703 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-703. Advisory Committee

 The members of the state funding board created by § 9-9-101 shall serve in an advisory capacity to the state treasurer in all matters pertaining to the local government investment pool.
TN Code § 9-4-704 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-704. Commingling With State Funds — Interest — Charges — Accounts — Reports

  Funds in the local government investment pool established by this part may be commingled, for investment purposes, with state funds held in the pooled investment fund created under § 9-4-603 or may be maintained in a separate pool that is subject to the provisions set forth in §§ 9-4-602 and 9-4-603. The state funding board shall determine whether the funds shall be commingled with the pooled investment fund or maintained in a separate pool. The local government investment pool funds shall be commingled with the pooled investment fund unless the state funding board decides otherwise. The commingling of the local government investment pool with the pooled investment fund for investment purposes shall not prohibit the funds from being established as two (2) separate funds and accounted for separately with accurate and detailed accounting records. As the administrator of the local government investment pool, the state treasurer is authorized to receive, invest and distribute a participant's funds by means of an electronic transfer or other reasonable methods. The state funding board may establish limits, conditions or restrictions on the acceptance of moneys into the fund and the withdrawal of moneys from the fund.   The state treasurer may deduct from each participant's pro rata earnings through the fund a reasonable charge for administering the fund. In the event that the state treasurer does deduct an administrative fee, it shall be deposited and expended through the revolving account established in § 9-4-603(g).   A separate account designated by name and number for each participant in the fund shall be kept to record individual transactions and totals of all investments belonging to each participant.   A monthly report showing the changes in investments made during the preceding month shall be furnished to each participant having a beneficial interest in the investment pool.
TN Code § 9-4-705 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-705. State Assistance

 The state treasurer is authorized to assist local governments in investing funds that are temporarily in excess of operating needs by:   Explaining investment opportunities to such local governments through publication and other appropriate means;   Acquainting such local governments with the state's practice and experience in investing short-term funds; and   Providing technical assistance in investment of idle funds to local governments that request such assistance.
TN Code § 9-4-706 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-706. Safekeeping and Servicing of Securities

  The state treasurer is authorized to open such accounts as are permitted by the federal reserve for the safekeeping and other servicing of securities of local governments, and to enter into agreements with local governments to provide for such services as may be permitted by the federal reserve.   The state treasurer is further authorized to deduct reasonable charges for the services provided pursuant to this section from the participating local government's account in the local government investment pool established pursuant to this part.
TN Code § 9-4-707 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 7 - Local Government Investment Pool|§ 9-4-707. Electronic Transfer of Funds and Reports — Waiver

 Commencing on July 1, 2011, each local government participating in the local government investment pool shall electronically transfer to the local government investment pool any funds for which the local government desires to be invested or reinvested pursuant to this part. Such local governments shall also electronically file any report or other document with which such electronically transferred payment is associated or on which credit for the payment electronically transferred is taken. In extenuating circumstances, the state treasurer has discretionary authority to waive the requirements of this section with respect to any local government. To obtain a waiver, the local government shall demonstrate in writing to the treasurer that such circumstances exist.
TN Code § 9-4-901 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-901. Created

 There is hereby created within the general fund a special account to be known as the “state office buildings and support facilities revolving fund.”
TN Code § 9-4-902 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-902. Unencumbered Funds and Unexpended Balance

 Any unencumbered funds and any unexpended balance of the fund remaining at the end of any fiscal year shall not revert to the general fund, but shall be carried forward until expended in accordance with this part.
TN Code § 9-4-903 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-903. Interest

 Interest accruing on investments and deposits of the fund shall be returned to the fund and remain a part of the fund.
TN Code § 9-4-904 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-904. Investments — Administration of Fund

 Moneys in the fund shall be invested by the state treasurer for the benefit of the fund pursuant to § 9-4-603. The fund shall be administered by the commissioner of general services in accordance with policy established by the state building commission.
TN Code § 9-4-905 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-905. Purpose of Fund

 The state office buildings and support facilities revolving fund is to provide for:   Operating expenses for office buildings and support facilities;   Debt service payments on general obligation bonds authorized to build or acquire office buildings and support facilities;   Routine maintenance expenditures on office buildings and support facilities;   Major maintenance and renovation projects for office buildings and support facilities as approved by the state building commission;   Relocation expenses for state agencies;   Payments for leased space occupied by state agencies; and   Payments to build or acquire buildings or support facilities as approved by the state building commission.
TN Code § 9-4-906 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-906. Deposits

 Notwithstanding any law to the contrary, there shall be deposited in the fund any and all appropriations made either in the general appropriations act, including any rents for leased state facilities covered by the fund, or in any other act which is for the purpose of funding the items listed in § 9-4-905.
TN Code § 9-4-907 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 9 - State Office Buildings and Support Facilities Revolving Fund|§ 9-4-907. Lease Payments

 Lease payments for space occupied by state agencies, including the legislative and judicial branches, shall be established by policy issued by the commissioner of general services and approved by the state building commission; provided, however, that until such time as a policy shall be issued by the commissioner of general services and approved by the state building commission, the policy formerly issued by the commissioner of finance and administration and approved by the state building commission shall remain effective. The lease payments shall be paid to the fund.
TN Code § 9-4-1001 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1001. Pension Stabilization Reserve Trust Fund

 The pension stabilization reserve trust is created. The pension stabilization reserve trust fund shall be established and funded through the employer contributions contributed to the trust pursuant to § 8-36-920(d)(4), and all income from the investment of the funds in the trust fund. The trust and the funds therein shall be administered by the treasury department. The trust fund shall be an irrevocable trust exclusively for the benefit of the participants and beneficiaries of the Hybrid Retirement Plan for State Employees and Teachers compiled in title 8, chapter 36, part 9. The assets of the trust fund shall be preserved, invested, and expended solely pursuant to and for the purposes of this part and shall not be loaned or otherwise transferred or used for any other purpose. It shall be impossible, at any time prior to the satisfaction of all liabilities with respect to employees and their beneficiaries under the Hybrid Retirement Plan for State Employees and Teachers and this trust, for any part of the corpus or income of the trust to be used or diverted for purposes other than for the exclusive benefit of the employees or their beneficiaries. The attorney general and reporter shall approve the terms of the trust instrument.
TN Code § 9-4-1002 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1002. Trustees

 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.
TN Code § 9-4-1003 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1003. Investment Policy — Individual Separate Stabilization Reserve Trust Accounts

  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.   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(f).   The trust fund shall consist of the following individual separate stabilization reserve trust accounts for the purpose of accounting for the employer contributions made to the trust on account of:  State employees participating in the Hybrid Retirement Plan for State Employees and Teachers, compiled in title 8, chapter 36, part 9; and   Teachers participating in the Hybrid Retirement Plan for State Employees and Teachers.     In addition, the trust fund shall consist of individual separate stabilization reserve trust accounts established in the name of each political subdivision participating in the Hybrid Retirement Plan for State Employees and Teachers for the purpose of accounting for the employer contributions made to the trust by the political subdivision on account of its employees.   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.
TN Code § 9-4-1004 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1004. Purpose of Trust Fund — Certification of Amount Needed to Fund Benefits — Use of Assets

  As provided in this section, the purpose of the pension stabilization reserve trust fund is to protect the participants and beneficiaries of the Hybrid Retirement Plan for State Employees and Teachers from a reduction or loss of benefits through the implementation of the cost controls contained in § 8-36-922(c)(1)(C)-(G) or in § 8-36-922(d)(1). If in any given year, the total amount in an employer's employer reserve account established pursuant to § 8-36-920(e) is not sufficient to meet the actuarial liabilities for which the employer's employer reserve account was created, then the board of trustees of the Tennessee consolidated retirement system shall certify to the trustees of the trust the amount necessary to fund current benefits as determined by the actuarial valuation performed by the retirement system's actuary. Upon receipt of the certification, the trustees of the trust shall determine whether transferring all or a portion of the requested amount from the employer's stabilization reserve trust account to the applicable employer reserve account of the employer would be in the best interests of the trust beneficiaries. If it is, the trustees shall direct the treasurer to transfer such amount as the trustees shall determine from the employer's stabilization reserve trust account to the applicable employer reserve account of the employer.   The assets of the pension stabilization reserve trust fund shall be used exclusively for the purpose set forth in this section and to pay the reasonable expenses incurred in administering and investing the trust assets.
TN Code § 9-4-1005 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1005. Suspension of Deposits of Employer Contributions

 Deposits of employer contributions into the pension stabilization reserve trust fund as provided in § 8-36-920 shall be suspended effective July 1 of any given year next following the most recent actuarial valuation conducted pursuant to § 8-36-922(b) for an employer whose stabilization reserve trust account equals or exceeds a certain maximum amount that is determined by the trustees of the trust created pursuant to this part. The amount shall be expressed in dollars, as a percentage, or other form as shall be determined at the sole discretion of the trustees. The trustees, in consultation with board of trustees of the Tennessee consolidated retirement system and the retirement system's actuary, shall establish the methodology and procedures to be used in ascertaining the maximum amount. Deposits into the pension stabilization reserve trust fund shall be reinstated for the employer effective July 1 of any given year next following the most recent actuarial valuation conducted pursuant to § 8-36-922(b) when the total amount in the employer's stabilization reserve trust account is less than the maximum amount adopted by the trustees pursuant to this section.
TN Code § 9-4-1006 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 10 - Pension Stabilization Reserve Trust|§ 9-4-1006. Annual Financial Reports

 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.
TN Code § 9-4-1101 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 11 - State Employee Legacy Pension Stabilization Reserve Trust|§ 9-4-1101. Part Definitions

 As used in this part, unless the context otherwise requires:   “Legacy pension plan” means the Tennessee consolidated retirement system that is established in title 8, Chapters 34 37, excluding the Hybrid Retirement Plan for State Employees and Teachers, compiled in title 8, chapter 36, part 9;   “State employee” means any person who is a state official, including members of the general assembly, the attorney general and reporter, district attorneys general, state judges, and district public defenders, or any person who is employed in the service of and whose compensation is payable by the state, or any person who is employed by the state whose compensation is paid in whole or in part from federal or other funds. “State employee” also means any person who is employed in the service of and whose compensation is payable by a public institution of higher education, or any person who is employed by a public institution of higher education whose compensation is paid in whole or in part from federal or other funds; and   “Trustees” means the five (5) trustees designated in § 9-4-1002.
TN Code § 9-4-1102 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 11 - State Employee Legacy Pension Stabilization Reserve Trust|§ 9-4-1102. State Employee Legacy Pension Stabilization Reserve Trust Fund

 The state employee legacy pension stabilization reserve trust is created. The state employee legacy pension stabilization reserve trust fund shall be established and funded through appropriations made in the general appropriations act from time to time for such purpose. The trust and the funds therein shall be administered by the department of the treasury. The trust fund shall be an irrevocable trust exclusively for the benefit of state employees who are members of the legacy plan. The assets of the trust fund shall be preserved, invested, and expended solely pursuant to and for the purposes of this part and shall not be loaned or otherwise transferred or used for any other purpose. It shall be impossible, at any time prior to the satisfaction of all liabilities with respect to state employees and their beneficiaries under the legacy pension plan and this trust, for any part of the corpus or income of the trust to be used or diverted for purposes other than for the exclusive benefit of the state employees or their beneficiaries. The attorney general and reporter shall approve the terms of the trust instrument.
TN Code § 9-4-1103 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 11 - State Employee Legacy Pension Stabilization Reserve Trust|§ 9-4-1103. Chair of Trustees

 The comptroller of the treasury shall serve as the chair of the trustees and shall preside over all meetings and proceedings of the trustees.
TN Code § 9-4-1104 (2021)
2021 Tennessee Code|Title 9 - Public Finances|Chapter 4 - State Funds, State Budget and Appropriations|Part 11 - State Employee Legacy Pension Stabilization Reserve Trust|§ 9-4-1104. Investment Policy — Charge for Administrative and Investment Expenses

  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.   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(f).   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.