Newsroom

Tennessee Department of Economic and Community Development Commissioner Stuart McWhorter announced today that Madisonville has achieved Tennessee Main Street accreditation.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 8.75 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 4.75 percent as published by the Federal Reserve on July 11, 2022.

A top leader in the Tennessee Department of Mental Health and Substance Abuse Services has been selected to the next cohort of a prestigious fellowship program.

The Tennessee Department of Human Services (TDHS) is announcing new actions to support child care providers and parents. On July 1, 2022, TDHS increased child care payment assistance reimbursement rates by 20% across all categories of care in the Child Care Certificate Program. Beginning August 1, 2022, through December 31, 2022, TDHS also will waive co-pay costs for families currently participating in the State’s child care payment assistance programs. The Department initiated these changes in direct response to rising costs faced by families and child care providers.

The Tennessee Department of Transportation will host a Design Public Meeting Thursday, July 7, 2022, from 5:00 p.m. to 7:00 p.m. at the University of Tennessee at Martin campus in Somerville to discuss the design of a major construction project.

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and VK Integrated Systems (VKIS) announced today the company will invest $840,000 to relocate its manufacturing operations from Fullerton, California, to Clarksville, Tennessee.

A listing of lane closures and road construction activities for 24 East Tennessee counties.

The Tennessee Department of Transportation (TDOT) awarded a construction contract to Dement Construction Company to complete the widening of I-40 from west of US412 (Exit 79) to west of the US 45 By-Pass (Exit 80) in Jackson.

A complete list of lane closure activity due to construction or maintenance operations on state-owned roads within the 21 west Tennessee counties of TDOT Region 4.

The state veterinarian is announcing detection of Theileria orientalis in a herd of cattle in Middle Tennessee.

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 August, 2022 is 7.19 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 3.19 percent. Persons affected by the maximum effective rate of interest for home loans as set forth in this notice should consult legal counsel as to the effect of the Depository Institutions Deregulation and Monetary Control Act of 1980 (P.L. 96-221 as amended by P.L. 96-399) and regulations pursuant to that Act promulgated by the Federal Home Loan Bank Board. State usury laws as they relate to certain loans made after March 31, 1980, may be preempted by this Act.

CHATTANOOGA –On July 3, 2022, a Tennessee Highway Patrol (THP) trooper was patrolling on East 23rd Street in Hamilton County and performed a traffic stop on a gray Toyota Camry for a traffic violation.