Amends TCA Title 49.

PRE-K STUDENTS WITH SPECIAL EDUCATION NEEDS AND PEER MODELS INCLUDED<br /> <br /> Under present law, the Tennessee investment in student achievement formula (TISA) is a student-based funding formula established as the system for funding education for K-12 public schools. Beginning with the 2024-2025 school year and applying to each school year thereafter, this bill expands TISA to include pre-K students with special education needs and peer models. As used in this bill, a "peer model" means a child without a disability who is in the same grade and of the same age as a pre-K student with special education needs.<br /> <br /> COMPTROLLER STUDY<br /> <br /> Under present law, the comptroller of the treasury, through the comptroller's office of research and education accountability, must review and study the TISA to determine the effectiveness of state expenditures on K-12 education. This bill provides, instead, that the comptroller must review and study the TISA to determine effectiveness of state expenditures on education.<br />