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.

SB 2572 creates the "Tennessee Outdoor Stewardship Trust Fund" to provide grants and loans for conservation projects. The fund will support counties, municipalities, state agencies, and nonprofit conservation groups for projects like improving parks/trails, restoring wetlands, protecting wildlife habitat, and enhancing public access to outdoor recreation areas. Monies in the fund can be carried forward annually (not lapsing) with strict limits: the board can spend no more than 1% of the fund on its operations, and the finance department no more than 3%. Projects must align with defined conservation values, such as water quality protection, habitat preservation, or military installation buffering. This bill directly affects local governments and conservation organizations seeking funding for outdoor resource management.