Amends TCA Title 4, Chapter 51; Title 8, Chapter 4; Title 9 and Title 49.
Tennessee HB0966 establishes a K-12 lottery capital outlay special account and an early learning program account, directing the comptroller to develop and administer grant programs for capital projects in K-12 educational facilities and pre-kindergarten programs. The bill mandates that any excess lottery funds above $250 million at the end of each fiscal year be equally transferred to these special accounts. Additionally, it allows for the audit of local education agencies (LEAs) that receive grants and authorizes the comptroller to cover administrative expenses from the special accounts.
Tennessee HB0966 establishes a K-12 lottery capital outlay special account and an early learning program account, directing the comptroller to develop and administer grant programs for capital projects in K-12 educational facilities and pre-kindergarten programs. The bill mandates that any excess lottery funds above $250 million at the end of each fiscal year be equally transferred to these special accounts. Additionally, it allows for the audit of local education agencies (LEAs) that receive grants and authorizes the comptroller to cover administrative expenses from the special accounts.
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Hawk, David
114th General Assembly
February 5, 2025
February 11, 2025
Assigned to s/c K-12 Subcommittee