Tennessee · 114th Regular Session (2025-2026) · Bill

HB 2375: Public Funds and Financing - As introduced, enacts the "Greenbelt Initiative Fund Transfer (GIFT) Act," which creates the rural revenue equity fund; authorizes the commissioner of economic and community development to distribute amounts from the fund to rural counties based on certain agricultural, demographic, and fiscal criteria, including greenbelt acreage. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 9 and Title 67.

In committee Last action April 15, 2026: Taken off notice for cal in s/c Finance, Ways and Means Subcommittee of Finance, Ways and Means Committee

Plain-language summary

HB 2375 is a bill introduced in the Tennessee House on February 2, 2026. According to its official title, it concerns: Public Funds and Financing - As introduced, enacts the "Greenbelt Initiative Fund Transfer (GIFT) Act," which creates the rural revenue equity fund; authorizes the commissioner of economic and community development to distribute amounts from the fund to rural counties based on certain agricultural, demographic, and fiscal criteria, including greenbelt acreage. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 9 and Title 67. Primary sponsor: Clay Doggett (Republican). Most recent recorded action (April 15, 2026): Taken off notice for cal in s/c Finance, Ways and Means Subcommittee of Finance, Ways and Means Committee.

Sponsors

Primary sponsor: Clay Doggett (Republican).