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Companion Bill HB0009. Lottery, Scholarships and Programs - Creates K-12 lottery capital outlay special account; establishes grant program for capital outlay projects for K-12 educational facilities administered by comptroller of the treasury. - Amends TCA Title 4, Chapter 51, Part 1; Title 8, Chapter 4; Title 9, Chapter 4 and Title 49. Fiscal Summary for SB0277 / *HB0009Other Fiscal Impact - The fiscal impact of this bill is dependent upon several unknown factors such as (1) the extent of net lottery proceeds in excess of $250,000,000 in any given year and (2) the ability of local governments to match grant funding. As a result, determining a precise fiscal impact for this bill is difficult. However, such local government grants (funds earmarked for lottery scholarships and grants under current law) are reasonably estimated to exceed $100,000 per year. In addition to any [...]

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Latest Actions
  • 05/20/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 05/19/2008
  • 05/19/2008 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm.
  • 05/15/2008 - Action Deferred in Senate FWM Comm. to next Calendar
  • 05/14/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 05/15/2008
  • 05/14/2008 - Action Deferred in Senate F,W&M Comm. to 5/15/08

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Bill Text
File name Last Updated
Amendment 2-0 to SB027704/04/2008
Amendment 1-0 to SB027710/27/2007
SB0277 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
Fiscal Memo - Amendment 2-0 to SB027704/11/2008
Fiscal Memo - Amendment 1-0 to SB027710/27/2007
SB0277 Fiscal Notes PDF10/27/2007