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Subcommittee approves major state allocations: Charter fund, TennCare buyback, Tennessee Walking Horse and museum funding
Summary
Members approved a $40 million Charter's Facility Fund (per-pupil distribution), a $79.8 million TennCare buyback plus a $43,000,200 earmark, a $72.7 million grant to the Tennessee Walking Horse National Celebration Association, and a $5.5 million appropriation for the Memphis Art Museum.
The committee approved several large, high‑visibility allocations. Chairman Stevens presented and the committee adopted a $40,000,000 nonrecurring Charter's Facility Fund to be distributed on a per‑pupil basis. The transcript records a $79,800,000 nonrecurring allocation to buy back TennCare services funded by the annual hospital assessment, plus an earmark of $43,000,200.
The committee also approved $72,700,000 nonrecurring to the Tennessee Walking Horse National Celebration Association and a $5,500,000 nonrecurring appropriation for the construction of a new Memphis Art Museum. Each item was moved, seconded and adopted by voice vote in the session.
