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TN HB1147
TN HB1147AN ACT to amend Tennessee Code Annotated, Title 49, relative to higher education.
summary
Introduced
02/05/2025
02/05/2025
In Committee
04/02/2025
04/02/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
114th General Assembly
Bill Summary
As introduced, requires the Tennessee student assistance corporation to submit an annual report, by July 31 each year, to legislative committees having jurisdiction over postsecondary education detailing, for each of the five immediately preceding academic years for which the corporation awarded scholarships, the amount appropriated by the general assembly for the scholarship program, the total number of scholarship applications received by the corporation, the total number of scholarship recipients, and the average scholarship award amount. - Amends TCA Title 49.
AI Summary
This bill requires the Tennessee Student Assistance Corporation (TSAC), a state agency responsible for managing student financial aid, to submit a detailed annual report to the Tennessee legislature's education committees by July 31st each year. The report must cover the previous five academic years and include specific information about scholarship programs, such as the total amount of money appropriated by the state legislature for scholarships, the number of scholarship applications received, the total number of scholarship recipients, and the average scholarship award amount. The first such report is to be submitted by July 31, 2025, with subsequent reports due by the same date each year thereafter. The purpose of this bill appears to be increasing transparency and providing legislators with comprehensive data about the state's scholarship programs, which can help inform future funding and policy decisions related to higher education financial assistance in Tennessee.
Committee Categories
Budget and Finance, Education
Sponsors (2)
Last Action
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025 (on 04/14/2025)
bill text
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bill summary
Document Type | Source Location |
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State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1147&ga=114 |
Amendment 1-0 to HB1147 | https://www.capitol.tn.gov/Bills/114/Amend/HA0264.pdf |
Fiscal Memo for HA0264 (5628) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM0816.pdf |
BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB1147.pdf |
Fiscal Note - SB0603 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0603.pdf |
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