AN ACT to amend Tennessee Code Annotated, Title 3, relative to the general assembly.
Note
The bill is set to take effect on November 3, 2026, as noted in the text, which gives time for the possible adjustment of systems and processes related to the general assembly to accommodate the new threshold.
Impact
The increase in the financial threshold could have broader implications for legislative procedures or processes that reference this amount. This adjustment may affect how financial matters are addressed within the general assembly, and could also influence eligibility criteria for certain actions, funding mechanisms, or compliance obligations that depend on financial limits specified in the code. Stakeholders who rely on these thresholds should carefully assess how this change may affect their activities or responsibilities.
Summary
Senate Bill 1996 aims to amend the Tennessee Code Annotated, specifically Title 3, which relates to the general assembly. The primary change proposed by this bill is an adjustment to a financial threshold within the relevant statutory language, increasing the amount from one thousand two hundred fifty dollars ($1,250) to two thousand two hundred fifty-one dollars ($2,251). Such changes could potentially impact the regulation of various administrative processes or criteria that are tied to this dollar amount within Tennessee law.
Contention
While the bill itself is straightforward in its intentions, discussions surrounding the proposed amendment may bring up various viewpoints, especially from those concerned with fiscal responsibility or budgetary implications. Critics might argue that such adjustments should be thoroughly justified in the context of current economic conditions and that any changes to financial thresholds should consider potential impacts on accountability and oversight within the general assembly's functions. Proponents, on the other hand, may claim that the adjustment is necessary to align with current economic realities and ensure that the Senate operates efficiently.