Public Funds and Financing - As enacted, creates two funds within the state treasury to be known as the Hurricane Helene interest payment fund and the governor's response and recovery fund; authorizes moneys in each fund to be used to assist with the response to and the recovery from certain declared emergencies. - Amends TCA Title 9, Chapter 4, Part 2.

HB 6003 creates two state funds to support disaster recovery in Tennessee. The Hurricane Helene Interest Payment Fund helps local governments cover interest costs (capped at 5% or prime rate) on loans used for Hurricane Helene-related recovery, specifically for counties included in the federal disaster declaration. The Governor's Response and Recovery Fund provides broader assistance for agricultural recovery, unemployment aid, and business support following state emergencies, including Hurricane Helene. Both funds are managed by the Tennessee Emergency Management Agency and must be used exclusively for approved recovery purposes, with annual reports to legislative committees.