Amends TCA Title 4, Chapter 49; Title 4, Chapter 51 and Title 49, Chapter 4.
Tennessee HB1863 requires the Tennessee Higher Education Commission to report to the education and finance committees of the Senate and House of Representatives on any fiscal year since 2004 in which net lottery proceeds were insufficient to fully fund specific scholarships and grants, leading to pro rata reductions in award amounts or the use of the general shortfall reserve subaccount. This bill affects the administration of state-funded scholarships and grants, providing transparency regarding funding shortfalls. Key provisions include the mandate for reporting on fiscal impacts related to lottery proceeds and scholarship funding.
Tennessee HB1863 requires the Tennessee Higher Education Commission to report to the education and finance committees of the Senate and House of Representatives on any fiscal year since 2004 in which net lottery proceeds were insufficient to fully fund specific scholarships and grants, leading to pro rata reductions in award amounts or the use of the general shortfall reserve subaccount. This bill affects the administration of state-funded scholarships and grants, providing transparency regarding funding shortfalls. Key provisions include the mandate for reporting on fiscal impacts related to lottery proceeds and scholarship funding.
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Hicks, Gary
114th General Assembly
January 21, 2026
February 2, 2026
Assigned to s/c Higher Education Subcommittee