Rules & Regulations of the State of Tennessee Title 0600 - Board of Equalization
Title 0620 of the Rules & Regulations of the State of Tennessee primarily governs aspects related to Finance and Administration. These rules are promulgated by the Tennessee Department of Finance and Administration, which is responsible for managing the financial operations of the state government.
While the specific chapters and their contents can change over time due to amendments, repeals, and new filings, the general areas covered by Title 0620 include:
Accounts Division: This typically covers procedures related to state accounting, financial reporting, and the handling of state funds. An example found in the search results is rules pertaining to remedies for payments to the state with dishonored financial instruments (e.g., bounced checks), including assessing handling charges and taking action to recover funds.
Real Property Management Division: This division's rules would pertain to the management, acquisition, disposal, and leasing of state-owned real estate. The University of Tennessee system also has policies (like FI0620) that align with state regulations regarding capital projects and real estate transactions.
Administration Division: This broad category can encompass a variety of administrative and financial policies relevant to the Department of Finance and Administration's internal operations and its interactions with other state agencies. This might include policies on:
Publication of Annual Reports
Access to public records of the Department of Finance and Administration.
Specific financial procedures, such as those related to the distribution of funds or allocation of tax revenues.
Office of Inspector General: Rules under this section would relate to the oversight, investigation, and prevention of fraud, waste, and abuse within state government finances. This could include incentive programs or rules of procedure for contested cases before the Inspector General.
It's important to distinguish between Title 0620 of the Rules & Regulations and Tennessee Code Annotated (T.C.A.) Title 9, "Public Finances." While the regulations (Title 0620) provide detailed procedures and interpretations for carrying out the mandates of state law, T.C.A. Title 9 is the primary statutory framework for state finances in Tennessee. T.C.A. Title 9 covers:
General Provisions: Basic principles and definitions related to public finances.
State Funds, State Budget and Appropriations: Rules governing how state funds are managed, the budgeting process, and how appropriations are made.
Security for Deposits: Regulations ensuring the safety of state and local government deposits in financial institutions.
Disbursement and Investment of State Funds: How state funds are paid out and invested.
Specific Funds and Trusts: Regulations for various dedicated funds and trusts, such as the Pension Stabilization Reserve Trust and the Opioid Abatement Fund.
Local Government Finance: Provisions that impact financial operations at the county and municipal levels, including the ability to accept credit/debit card payments and the handling of public funds by county officials.
Financial Integrity Act: Statutes aimed at preventing fraud, waste, and abuse in state government.
In essence, Title 0620 of the Rules & Regulations provides the operational details and specific procedures that the Tennessee Department of Finance and Administration implements to adhere to the broader financial laws outlined in T.C.A. Title 9 and other relevant statutes.
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