Friday, February 13, 2009

Federal Economic Stimulus Legislation

Today, the U.S. House of Representatives passed a $787 billion economic stimulus bill that was the result of House and Senate negotiations. A vote in the Senate could come today or tomorrow, putting the bill on track for a signature by the original deadline of President's Day. Estimates on how much of this money may come to Tennessee vary and probably do not reflect a detailed analysis of the final version of the 1000+ page piece of legislation. A couple of on-line sources for information on the stimulus bill are the Center for Budget and Policy Priorities at http://www.cbpp.org/ or the site for Federal Funds Information for States, http://www.ffis.org/

As details about funding for Tennessee emerge, we will disseminate this to you as quickly as possible. We have tentatively talked with officials in the Bredesen administration about having a panel speak to county officials at the County Government Day event that TSCA is holding in Nashville on March 3 and 4. This is dependent on whether enough information and accurate analysis is available to pass on to you by then.

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