TBA Law Blog


Posted by: Stacey Shrader Joslin on Jun 12, 2020

The Tennessee Senate passed a new $39.4 billion budget yesterday that includes more than $300 million in cuts due to the ongoing COVID-19 pandemic. The House is expected to vote on the measure next week, WPLN reports. Senate Majority Leader Jack Johnson said the numbers reflected in the spending plan are the result of an estimated $1 billion revenue shortfall for next fiscal year. Senators gave the governor the power to look for additional budget cuts at departments and agencies but required him to report back to the chairs of the House and Senate finance committees before any decisions are finalized. The revised budget also includes $50 million for an employee buyout program and additional money for local governments to use to replace revenue.