Amends TCA Section 49-4-708.
Tennessee HB2106 amends TCA Section 49-4-708 by establishing a cap of $10 million per fiscal year on the total amount of funds that can be transferred from the lottery for education account to the Tennessee Promise scholarship special reserve account. This bill affects the funding allocation for the Tennessee Promise scholarship program, potentially limiting the financial resources available for scholarships. The key provision is the imposition of a fiscal limit on the transfers to the special reserve account.
Tennessee HB2106 amends TCA Section 49-4-708 by establishing a cap of $10 million per fiscal year on the total amount of funds that can be transferred from the lottery for education account to the Tennessee Promise scholarship special reserve account. This bill affects the funding allocation for the Tennessee Promise scholarship program, potentially limiting the financial resources available for scholarships. The key provision is the imposition of a fiscal limit on the transfers to the special reserve account.
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Lamberth, William
114th General Assembly
February 2, 2026
May 18, 2026
Comp. became Pub. Ch. 975