Amends TCA Title 9; Title 49 and Title 62.
Tennessee HB1348 mandates the commission to review and update the outcomes-based funding formula model at least once every five years. This bill primarily affects educational institutions by incentivizing them to offer programs that lead to job placement in high-demand fields within the state. A key provision is the requirement for regular updates to the funding model to ensure alignment with labor market needs.
Tennessee HB1348 mandates the commission to review and update the outcomes-based funding formula model at least once every five years. This bill primarily affects educational institutions by incentivizing them to offer programs that lead to job placement in high-demand fields within the state. A key provision is the requirement for regular updates to the funding model to ensure alignment with labor market needs.
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