Plain English Breakdown
The candidate explanation included a claim about updating Tennessee’s laws, which is not directly supported by the provided official source material. The bill text focuses on removing specific language related to outdated financial information but does not explicitly state broader updates to the law beyond this context.
Budget Procedures
This bill removes specific requirements from Tennessee's budget document regarding financial information from calendar year 1977 and fiscal year 1977-1978.
What This Bill Does
- Removes the need to include a personal income statement for calendar year 1977 in the budget document.
- Eliminates the requirement to show actual state appropriations from fiscal year 1977-1978 in the budget document.
Who It Names or Affects
- The people and agencies responsible for preparing Tennessee’s budget documents.
Terms To Know
- appropriations
- Money set aside by the government to fund specific projects or programs.
- fiscal year
- A period of one year used for budgeting and financial reporting, often starting on July 1st in Tennessee.
Limits and Unknowns
- The bill does not specify how the removed information will be handled or if it is still needed for other purposes.
- It's unclear what impact this change might have on historical budget analysis or comparisons.