TN SB6005

AN ACT to make appropriations for the purpose of defraying the expenses of the state government for the fiscal years beginning July 1, 2024, and July 1, 2025, in the administration, operation and maintenance of the legislative, executive and judicial branches of the various departments, institutions, offices, and agencies of the state; for certain state aid and obligations; for capital outlay, for the service of the public debt, for emergency and contingency; to repeal certain appropriations and any acts inconsistent herewith; to provide provisional continuing appropriations; and to establish certain provisions, limitations and restrictions under which appropriations may be obligated and expended. This act makes appropriations for the purposes described above for the fiscal years beginning July 1, 2024, and July 1, 2025.

Passed Senate Jack Johnson (R)
Plain English Summary

AI summary is being generated. Check back soon for a plain-language breakdown of this bill.

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
Finance and Financial Sector
Industry Overlap
67%
Personal Conflicts
7 found

The bill SB6005 involves appropriations that impact various sectors, including finance, banking, and consumer credit. The sponsor, Jack Johnson, has several personal financial interests that align with these sectors, particularly through his spouse's ownership of Johnson & Associates, a real estate company. This connection suggests a potential for personal financial gain should the appropriations favor real estate or related financial services. Additionally, Johnson holds multiple investment assets in funds that are directly related to the securities and investment industry, including the Fidelity Puritan Fund, Fidelity Contra Fund, and Vanguard Total Bond Market Fund. These funds could benefit from any financial appropriations or policies that enhance the market conditions for securities and investments, raising concerns about a conflict of interest in his legislative role.

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.

TheBillRoom is free and independent. No ads, no subscriptions, no political funding. If this analysis was useful, reader support keeps it running.
Support Us

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.