TN SB1278

State Employee Pay Periods

Passed Senate Jack Johnson (R)
Plain English Summary

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Supporters Say

Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
7/10
Risk Level
High
Policy Area
Labor and Employment
Industry Overlap
33%
Personal Conflicts
6 found

Senator Jack Johnson's sponsorship of SB1278, which modifies the pay period for state employees, presents potential conflicts of interest due to his personal financial interests in the securities and investment industry. Specifically, Johnson holds multiple assets in funds such as the Fidelity Puritan Fund, Fidelity Contra Fund, and Vanguard Total Bond Market Fund, all of which are aligned with the bill's impact on labor and employment, particularly in relation to employee compensation structures. These investments could benefit from changes in state employee pay policies, as adjustments in pay periods may influence broader market trends and investment returns in the financial sector.

Additionally, Johnson's role as Vice President of Client Relations at CIGNA Healthcare, a company in the health services industry, may also intersect with labor and employment issues, particularly if the bill affects healthcare employees' compensation. While the primary focus of the bill is on state employee pay periods, the implications of such changes could ripple through various sectors, including those where Johnson has vested interests. The combination of these factors suggests a significant potential for personal financial gain arising from the legislation he sponsors.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Vice President of Client Relations at a healthcare company AI-researched
Employer CIGNA Healthcare Health Services/HMOs TN Legislature bio
Business Owner Owner of a small business consulting firm AI-researched
Spouse Employer Owner of Johnson & Associates, a real estate company Real Estate AI-researched
Employer LFGS, LLC TN Ethics Commission
Employer COPART, INC. TN Ethics Commission
Employer BROWNING OIL COMPANY, INC. TN Ethics Commission
Business Owner BRIGHTSTONE BOARD MEMBER from Sep 2020 to current TN Ethics Commission
Asset FIDELITY PURITAN FUND Securities & Investment TN Ethics Commission
Asset FIDELITY CONTRA FUND Securities & Investment TN Ethics Commission
Asset FIDELITY OTC FUND Securities & Investment TN Ethics Commission
Asset VIRTUS NFS LARGE CAP FUND TN Ethics Commission
Asset COLUMBIA SELECT MID CAP FUND TN Ethics Commission
Asset JANUS ENTERPRISE FUND TN Ethics Commission
Asset FRANKLIN SMALL CAP FUND TN Ethics Commission
Asset DFA INTERNATIONAL VALUE FUND TN Ethics Commission
Asset BROWN CAPITAL SMALL COMPANY FUND TN Ethics Commission
Asset VANGUARD TOTAL BOND MARKET FUND Securities & Investment TN Ethics Commission
Asset VANGUARD INSTITUTIONAL INDEX FUND Securities & Investment TN Ethics Commission
Asset FIDELITY INTERNATIONAL DISCOVERY FUND Securities & Investment TN Ethics Commission
Asset COPART, INC TN Ethics Commission
Asset DODGE AND COX INCOME FUND TN Ethics Commission
Occupation Law, JUDGE TN Ethics Commission
Asset Leadership PAC: JACK PAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.