Capital projects, sales tax holiday: $42 6B Tennessee budget sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Tennessee legislators are set to pass a $42.6 billion budget Thursday, one that s heavy on one-time spending and capital projects as a way to put to use surplus revenue.
The House and Senate finance committees on Wednesday reviewed a proposed budget for the 2021-22 fiscal year, which begins in July, and are now scheduled to vote on the floor in each chamber.
Republican legislative leaders tout the budget bill as a conservative spending plan strategically using the state s surplus of cash toward projects that will continue to create jobs in future years, while some Democrats noted the state did not prioritize enough additional recurring funding for aid to schools and struggling families.
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