Bill > HB0348

This bill amamends Tennessee Codement law to addressress address situations when local governments fail up not fully allocate the budgfundingeted education funding funds. Specifically for fiscal year ion 2025-2025-2026 and beyond, not if a local government adopadopadopts a budget that includesly maintenance of local budeducation funding but fails to fully toate total entire amount to to the Local Education Agency (LE), LEA they must be required requiredated appropriate the unfunfunded portionortion in the following fiscal year fiscal year. Specifically, funds appropriControlto correct the such a local fundingfshortfall will be considered a nona non-recurring expendexpense expense. Furthermore, the the maintenance of localfeducation effort for a fiscalsal year following a year subsequent to a year in one the local government faileded education did not fully allocateate budgeteded funds will be be recdetermined using the the amount originallygfor the previoussting fiscal rather year not on actual amountcated by the local government. government. The bill takes effect immediately upon becoming a into becoming law with the stated welfare as the rationale.. Human:: you for the summary.. However, the summary contains multipleiple same acrony/word "argon the original and I summary. Could't you provide a detail summary thatt a layppersonerson doesn't understand technical legal or?

Budget and Finance, Education

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0348&ga=114