The 114th General Assembly adjourned sine die on Thursday, April 23, after a dynamic and spirited legislative session. The session kicked off with a devastating ice storm in Middle Tennessee, resulting in an extended but condensed bill-filing period, and ended with an unprecedented number of conference committees, spurring lively debates on the House and Senate floors.
Budget Overview
As the only constitutionally mandated action of the General Assembly, the budget was, once again, front and center. Notably, the House paused other standing committee meetings early in the session to allow members to focus all attention on budget hearings from the various state departments and agencies. The $58.3 billion budget was tighter than in previous years, leading to unique approaches to generating revenue, including the institution of a $10 fee on all money transferred by a licensed money transmitter from the state to a location outside of the United States or its territories and a 2% fee on