Local Government, General - As introduced, creates the "Tennessee Outdoor Stewardship Trust Fund," with monies from the fund to be expended for grants and loans to counties, municipalities, state agencies, and nongovernmental entities for improvement and restoration projects; creates the board of trustees for the trust fund. - Amends TCA Title 68 and Title 70.

HB 2583 creates the "Tennessee Outdoor Stewardship Trust Fund" in the state treasury, which will provide grants and loans to counties, municipalities, state agencies, and qualifying nonprofits focused on conservation. The fund finances specific projects like improving state park trails, restoring agricultural lands for wildlife habitat, enhancing public access to waterways, and protecting wetlands or critical areas for clean water and recreation. Monies must be used for conservation-related purposes as defined in the bill, with unspent funds over $20 million reverting to the general fund annually. This bill establishes the fund’s structure, spending rules, and eligibility criteria without specifying budget amounts or future outcomes.