Public Funds and Financing - As introduced, requires that 10 percent of the payments paid to or retained by the state from the Tennessee valley authority in lieu of taxes be allocated to the wildlife resources fund and used for boating and wildlife resources purposes. - Amends TCA Title 11; Title 67; Title 69 and Title 70.

Summary

The bill directs that one‑tenth of the payments the state receives from the Tennessee Valley Authority in lieu of taxes be transferred to the wildlife resources fund. The money must be used for purposes listed in titles 69 and 70, such as boating and wildlife resource projects. It amends several sections of the Tennessee Code and takes effect July 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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