Tennessee Proposal to adopt and approve management stock purchase plan

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Multi-State
Control #:
US-CC-19-223B-2-NE
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This is a multi-state form covering the subject matter of the title.
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By: Sam Stockard - February 6, 2023 pm Gov. Bill Lee is making a $55.6 billion budget proposal for fiscal 2023-24 that adds $3.3 billion for roads statewide and $125 million for teacher pay while offering $412 million in tax breaks.

NASHVILLE, Tenn. ? On Friday, Tennessee Governor Bill Lee marked the close of the 2023 legislative session, which includes the successful passage of his $56.2 billion budget and full legislative agenda as outlined during his State of the State address in February.

By: Sam Stockard - February 6, 2023 pm Gov. Bill Lee is making a $55.6 billion budget proposal for fiscal 2023-24 that adds $3.3 billion for roads statewide and $125 million for teacher pay while offering $412 million in tax breaks.

Tennessee lawmakers approved a $56.2 billion state operating budget for the 2024 fiscal year on Thursday, with a record investment on road projects, and landmark spending on sports and entertainment facilities, school resource officers, and facility improvement projects at the state's Colleges of Applied Technology.

The State of Tennessee 457(b) Deferred Compensation Program is a powerful tool to help you reach your retirement dreams. It complements other retirement benefits or savings that you may have and allows you to save and invest extra money for retirement.

On May 16, Tennessee Governor Bill Lee signed the state's fiscal 2024 budget that appropriates $56.2 billion in total funds, an increase of 2.8 percent over fiscal 2023 (as cited in the 2022-2023 Fact Book). The budget dedicates $250 million to the state's Rainy Day Fund, bringing the total to a historic $2.05 billion.

Expenditure (excluding debt repayment) in 2023-24 is targeted at Rs 3,65,321 crore, an increase of 14% over the revised estimate of 2022-23. This expenditure is proposed to be met receipts (excluding borrowings) of Rs 2,73,246 crore and net borrowing of Rs 90,120 crore.

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Tennessee Proposal to adopt and approve management stock purchase plan