Public Funds and Financing - As introduced, requires the state treasurer to allocate and deposit 10 percent of the investment income earned by the state pooled investment fund each fiscal year to the state highway fund. - Amends TCA Section 9-4-603.
SB 2569 requires Tennessee's state treasurer to allocate and deposit 10% of the investment income earned by the state pooled investment fund each fiscal year into the state highway fund by June 30. This bill amends Tennessee Code Annotated Section 9-4-603 to mandate this annual transfer, directly affecting the state treasurer's responsibilities and the highway fund's funding source. The provision applies to all investment income generated by the pooled fund during the fiscal year, without altering existing highway funding mechanisms or spending priorities. It creates a new, automatic annual allocation process for a specific portion of state investment earnings. The bill does not change the total amount of highway funding or how those funds are used.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Apr 20, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
3
Committee
4
Apr 20, 2026
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
lower
Apr 14, 2026
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
lower
Apr 14, 2026
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
lower
Feb 5, 2026
Committee
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
upper
Feb 2, 2026
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ferrell Haile
RRepublican
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