Bill > SB0637

This bill amends Tennessee's education funding law by creating a new 3 percent weighted allocation specifically for students who reside in local education agencies (LEAs) with a total student membership between 1,001 and 1,250 students, inclusive. A weighted allocation means that these school districts will receive additional funding calculated as a 3 percent increase based on their student count within this specific size range. The bill modifies the existing education funding statute by shifting the current subdivision (5) to subdivision (6) and inserting this new provision as subdivision (5). The changes will take effect on July 1, 2025, and the bill explicitly states that this is being done in the interest of the public welfare. This targeted approach suggests the bill aims to provide additional financial support to school districts of a particular size that may have unique funding challenges.