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.

SB 6003 creates two new state funds to support disaster recovery in Tennessee. The Hurricane Helene interest payment fund helps local governments in counties affected by Hurricane Helene pay interest costs (capped at 5% or prime rate) on loans used for eligible recovery spending. The governor's response and recovery fund provides broader assistance for agricultural, unemployment, and business recovery efforts following declared emergencies, including Hurricane Helene. Both funds are managed by the Tennessee Emergency Management Agency and must be used exclusively for these purposes, with annual reporting required to legislative committees. The bill became effective February 12, 2025.