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Tennessee needs at least $62.9 billion worth of public infrastructure improvements during the five-year period of July 2021 to June 2026—a $1.2 billion (2.0%) increase from the year before—according to a new report by the Tennessee Advisory Commission on Intergovernmental Relations (TACIR).

Nashville, TN— As a part of Innovative School Models and National Career and Technical Education (CTE) month, the department is highlighting the advances that Career and Technical Student Organizations (CTSOs) have made in utilizing innovative postsecondary strategies and CTE skills to improve student outcomes and preparation for the workforce across Tennessee.

COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE FEBRUARY 14, 2023

Governor Bill Lee has recognized Special Agent in Charge (SAC) Greg Whitehead of the Tennessee Department of Agriculture (TDA) with the Governor’s Excellence in Service Award as an outstanding state employee at the forefront of improving the way Tennessee State Government delivers services.

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and The Robinette Company officials announced today the company will invest $10.3 million to construct a new, 100,000-square-foot facility in Piney Flats, Tennessee.

Agricultural and forestry businesses have a new opportunity to strengthen or expand operations with an innovative program. The Tennessee Department of Agriculture (TDA) joins Governor Bill Lee in announcing the Tennessee Forestry, Agricultural, and Rural Markets (FARM) cost share.

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and MSS Steel Tubes USA LLC officials announced today the company will invest $6 million to locate its first U.S. production facility in Memphis, Tennessee.

Nashville, TN—Tennessee has been nationally recognized by the college and career pathways initiative, Launch: Equitable and Accelerated Pathways for All, for delivering nearly a decade of strategic investments in high-demand, high-wage opportunities for students through the state’s nation-leading Career and Technical Education (CTE) pathways work and high-impact, cross-sector partnerships that align K-12, postsecondary, and workforce systems.

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest per annum for home loans as set by the General Assembly in 1987, Public Chapter 291, for the month of March, 2023 is 7.61 percent per annum. The rate as set by the said law is an amount equal to four percentage points above the index of market yields of long-term government bonds adjusted to a thirty (30) year maturity by the U. S. Department of the Treasury. For the most recent weekly average statistical data available preceding the date of this announcement, the calculated rate is 3.61 percent.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 11.60 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 7.60 percent as published by the Federal Reserve on February 6, 2023.

Today, Tennessee Governor Bill Lee delivered his fifth State of the State address and presented budget and legislative priorities for the upcoming year to a joint session of the General Assembly and fellow Tennesseans.

MEMPHIS, Tenn. – More than 200 Soldiers from the Tennessee National Guard’s 730th Composite Supply Company deployed Monday, Feb. 6, on the first leg of a nine-month deployment overseas.

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee released the following excerpts ahead of his fifth State of the State address that will be delivered tonight at 6 p.m. CT in the House Chamber of the Tennessee State Capitol.

Nashville, TN—Today, the Tennessee Department of Education and Tennessee Education Research Alliance (TERA) released key findings and responses from the 2022 Tennessee Educator Survey from more than 39,000 educators, totaling over half of the state’s educator population. Responses from the 2022 survey are vital to informing the state’s work on improving educator experiences in Tennessee. As a result of this input, the department is excited to examine new ways to attract and retain educators in the state.

NASHVILLE, Tenn. – Today, Tennessee Governor Bill Lee announced the appointment of Dwight E. Tarwater to the Tennessee Supreme Court and Matthew Wilson to the Court of Criminal Appeals, Western Section.