Amends TCA Title 9 and Title 49.
Tennessee SB1690 authorizes school districts to create fund pools for the investment of their funds, allowing for more strategic management of financial resources. This bill affects school districts across Tennessee by providing them with the option to invest their funds collectively. Key provisions include the establishment of guidelines for the creation and management of these fund pools to enhance investment opportunities for school district finances.
Tennessee SB1690 authorizes school districts to create fund pools for the investment of their funds, allowing for more strategic management of financial resources. This bill affects school districts across Tennessee by providing them with the option to invest their funds collectively. Key provisions include the establishment of guidelines for the creation and management of these fund pools to enhance investment opportunities for school district finances.
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